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A vendor-buyer inventory model with lot-size and production rate dependent lead time under time value of money

Sumon Sarkar, B. C. Giri, Ashis Kr. Sarkar
2019 Reserche operationelle  
The paper studies an integrated vendor-buyer model with shortages under stochastic lead time which is assumed to be variable but depends on the buyer's order size and the vendor's production rate.  ...  Shortages are partially backlogged and the backlogging rate depends on the length of the buyer's replenishment lead time.  ...  Kumar and Uthayakumar [20] developed a two-echelon supply chain model with imperfect production assuming lead time and price discount dependent backorder rate where buyer face stochastic lead time demand  ... 
doi:10.1051/ro/2019030 fatcat:agh4yvoz3zau7cxqgaqcbaboe4

Tactical Planning Models for Supply Chain Management [chapter]

Jayashankar M. Swaminathan, Sridhar R. Tayur
2003 Handbooks in Operations Research and Management Science  
Acknowledgements: The authors wish to thank Ton de Kok and Srinagesh Gavirneni for their detailed comments on an earlier version of this chapter.  ...  Supply chain models can be developed with zero lead time, fixed deterministic lead time and stochastic lead time.  ...  The former are managed with safety stocks (either in raw material or in finished goods), and the latter through batches (lot sizes).  ... 
doi:10.1016/s0927-0507(03)11008-0 fatcat:3nhz43qbmvf5natb225kyddpj4

Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

Sumon Sarkar, B. C. Giri
2020 Reserche operationelle  
Shortages in the retailer's inventory are allowed to occur and are partially backlogged with a backlogging rate dependent on customer's waiting time.  ...  The paper investigates a two-echelon production-delivery supply chain model for products with stochastic demand and backorder-lost sales mixture under trade-credit financing.  ...  Shortages are allowed in the retailer's inventory and a fraction of shortages are partially backlogged with lead time dependent backlogging rate.  ... 
doi:10.1051/ro/2020007 fatcat:zl46hjs2ercx3dcgmgyvjdtxem

THE IMPACT OF CUSTOMER RESPONSE ON INVENTORY AND UTILIZATION POLICIES

Paulo Gonçalves
2006 Journal of Business Logistics  
(CDC), with a discount rate (r).  ...  With that purpose, we present a model based on a year-long, in-depth field study of Intel's supply chain.  ... 
doi:10.1002/j.2158-1592.2006.tb00219.x fatcat:kj7ilrlxune4zjs5tqm37imtvm

Capacity expansion decision in supply chains: A control theory application

X. Yuan, J. Ashayeri
2009 International journal of computer integrated manufacturing (Print)  
The study shows that financial reporting delays can distract capacity expansion decisions, which signifies that they are as important as delivery lead time and can position a supply chain in distress by  ...  A., Bell, H., Denzien, M., , Keller, M. P. 2003. Initializing a distribution supply chain simulation with live data.  ...  He considers level of safety stock, timing of batch, multiple ordering, material delay, information delay, maximum capacity, production delay, average waiting time before purchasing, and number of echelons  ... 
doi:10.1080/09511920802206419 fatcat:qla5ambbbff2pkvt2nfrtztkai

Inventories, Financial Metrics, Profits, and Stock Returns in Supply Chain Management [chapter]

Carlos Omar, Abraham Mendoza, Richard N.
2011 Supply Chain Management  
Thirumalai (2001) modeled a supply chain system with three companies arranged in series.  ...  The role of inventory in supply chain management According to , inventory is recognized as one of the major drivers in a supply chain, along with facilities, transportation, information, sourcing, and  ...  /books/supply-chainmanagement/inventories-financial-metrics-profits-and-stock-returns-in-supply-chain-management © 2011 The Author(s).  ... 
doi:10.5772/15733 fatcat:rxuqoc6wyzdejdsqqpqj2sqxpq

A Mathematical Approach to Ordering Policy Selection for Cold Items in a Warehouse with Different Operational Constraints

Milad Zamani, Seyed Hamid Reza Pasandideh
2020 International Journal of Supply and Operations Management  
In this study, a warehouse with limited space and ambient temperature is assumed.  ...  The objective of the model is to minimize the sum of costs, including adjusting the temperature of the products and the cost of producing fluoride gas produced by keeping them in the refrigerator and for  ...  case and (b) inventory model for shortages case and the demand for both models was considered as price and stock dependent, whereas shortages were partially backlogged at a rate with the length of the  ... 
doi:10.22034/ijsom.2020.4.1 doaj:7aa57d2115b24e9986c61bc723eb4ef3 fatcat:x5rritusejdtrgsayyae2xbyxe

Current Order and Inventory Models in Manufacturing Environments: A Review from 2008 to 2018

Zohreh Momeni, Amir Azizi
2018 International Journal of Online Engineering (iJOE)  
The purpose of this paper is to provide a review on critical problems and factors in order and inventory models under supply chain management.  ...  <p class="0abstract">This paper studied on supply chain in terms of order and inventory problems and factors.  ...  Kumar and et al. surveyed in developing of a Novel Lot-sizing Model with Variable Lead Time in Supply Chain Environment.  ... 
doi:10.3991/ijoe.v14i06.8055 fatcat:i6d6duzh6vhqzgyctmhbgldqqa

Holding costs under push or pull conditions – The impact of the Anchor Point

Patrick Beullens, Gerrit K. Janssens
2011 European Journal of Operational Research  
An open economy model with lags in the production process ("time to produce") generates comparable cross-sectoral differences in response to a shock to the foreign interest rate and, in the year of the  ...  Moreover, the demand for the old product is dependent on the discounted price which we allow to change.  ...  The methods are based on replacing a stochastic lead-time demand at the central warehouse with a stochastic demand rate.  ... 
doi:10.1016/j.ejor.2011.06.005 fatcat:rpilnlihzfg5zps66qehd4rrxq

A Sustainable Online-to-Offline (O2O) Retailing Strategy for a Supply Chain Management under Controllable Lead Time and Variable Demand

Biswajit Sarkar, Bikash Koli Dey, Mitali Sarkar, Ali AlArjani
2021 Sustainability  
demand and offline demand, which depend on the selling price of the product.  ...  A distribution-free approach is utilized to solve this model. Numerical examples are provided to prove the applicability of the model in reality.  ...  The decorated effects demand disruption in supply chain management. A twoechelon supply chain model with price promotion and advertisement was developed by Malekian et al. [18] .  ... 
doi:10.3390/su13041756 fatcat:x3qh6zkzrnh7lag73rn632xuee

Quantitative Models for Centralised Supply Chain Coordination [chapter]

Mohamad Y., Saeed Zolfaghari
2008 Supply Chain  
The literature on supply chain coordination have proposed several incentive schemes for coordination; such as quantity discounts, permissible delay in payments, price discounts, volume discount, common  ...  two-level supply chain with varying assumptions (e.g., multiple buyers, stochastic demand, imperfect quality, etc).  ...  expected demand during lead time and the safety stock, where the lead time crashing cost, and i c is the crashing cost per unit time for lead time component i with i a and i b being the minimum and maximum  ... 
doi:10.5772/5349 fatcat:c64tsf2ny5ar7e5taettz3mbxm

The lot sizing problem: A tertiary study

Christoph H. Glock, Eric H. Grosse, Jörg M. Ries
2014 International Journal of Production Economics  
Subsequently, a content-related classification scheme for lot sizing models is developed, and the reviews contained in our sample are discussed in light of this classification scheme.  ...  , and to find starting points if they intend to work in a new research direction.  ...  Acknowledgements The authors wish to thank the special issue editors and the anonymous referees for their valuable suggestions that helped to improve an earlier version of this paper.  ... 
doi:10.1016/j.ijpe.2013.12.009 fatcat:u6phyex3vngipgdnnlg63p2i3y

A single-vendor and a single-buyer integrated inventory model with ordering cost reduction dependent on lead time

M. Vijayashree, R. Uthayakumar
2017 Journal of Industrial Engineering International  
This paper investigates the ordering cost reductions are dependent on lead time. This study addressed two-echelon supply chain problem consisting of a single vendor and a single buyer.  ...  Lead time is one of the major limits that affect planning at every stage of the supply chain system. In this paper, we study a continuous review inventory model.  ...  Acknowledgements The authors are thankful to the anonymous reviewers and the editor for their perceptive and beneficial comments and encouraging suggestions, which have led to a most important development  ... 
doi:10.1007/s40092-017-0193-y fatcat:zxsd6lykkzakdplwortzvd4rf4

Commissioned Paper: Capacity Management, Investment, and Hedging: Review and Recent Developments

Jan A. Van Mieghem
2003 Manufacturing & Service Operations Management  
T his paper reviews the literature on strategic capacity management concerned with determining the sizes, types, and timing of capacity investments and adjustments under uncertainty.  ...  and multiple risk-neutral decision makers in a stationary environment where capacity remains constant.  ...  Acknowledgments The author is grateful to the former Editor-in-Chief Leroy B. Schwarz for encouraging him to start, improve, and finish (!) this review paper.  ... 
doi:10.1287/msom.5.4.269.24882 fatcat:s2neyr4n3rfylkitnupkbbz23y

Learning dynamic prices in MultiSeller electronic retail markets with price sensitive customers, stochastic demands, and inventory replenishments

V.L.R. Chinthalapati, N. Yadati, R. Karumanchi
2006 IEEE Transactions on Systems Man and Cybernetics Part C (Applications and Reviews)  
We believe our approach to solving these problems is a new promising way of setting dynamic prices in multi-seller environments with stochastic demands, price sensitive customers, and inventory replenishments  ...  replenishment lead times, with the objective of maximizing discounted cumulative profit.  ...  Models with a Single Learning Agent In a typical market, the environment constantly changes with demands and supplies fluctuating all the way.  ... 
doi:10.1109/tsmcc.2005.860578 fatcat:he2uwvipfzg4dpz3iwivwbe4cu
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