Exact evaluation of a two-echelon inventory system with a different batch size and information exchange

Sajadifar, S. M ; Sharif University of Technology | 2007

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  1. Type of Document: Article
  2. Publisher: 2007
  3. Abstract:
  4. In this paper we consider a dyadic supply chain consisting of one warehouse and one retailer with an unequal order batch size and information exchange. Transportation times are constant and retailer faces independent Poisson demand. The retailer applies continuous review (R,Q)-policy. The supplier starts with m initial batches (of size Q), and places an order in a batch of size nQ to an outside source immediately after the retailer's inventory position reaches R+s. In this paper using the idea of the onefor- one ordering policy we obtain the exact value of the expected system costs
  5. Keywords:
  6. Continuous review ; Information exchanges ; Information sharing ; Multi-echelon inventory ; Order policies ; Poisson demands ; Transportation time ; Two-echelon inventory ; Industrial engineering ; Inventory control ; Sales ; Supply chains ; Information dissemination
  7. Source: 37th International Conference on Computers and Industrial Engineering 2007, Alexandria, 20 October 2007 through 23 October 2007 ; Volume 3 , 2007 , Pages 1715-1720 ; 9781627486811 (ISBN)
  8. URL: https://www.researchgate.net/publication/289483185_Exact_evaluation_of_a_two-echelon_inventory_system_with_a_different_batch_size_and_information_exchange