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An Integrated Production-Inventory Model with Backorder and Lot for Lot Policy
2011
International Journal of Industrial Engineering and Production Research
inventory model, backorder buyer , vendor, lot for lot policy In this paper, an inventory model for two-stage supply chain is investigated. A supply chain with single vendor and single buyer is considered. We assume that shortage as a backorder is allowed for the buyer and the vendor makes the production set up every time the buyer places an order and supplies on a lot for lot basis. With these assumptions, the joint economic lot size model is introduced and the minimum joint total relevant
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