Artikel
A seller-buyer supply chain model with exponential distribution lead time
Supply chain is an accepted way of remaining in the competition in today's rapidly changing market. This paper presents a coordinated seller-buyer supply chain model in two stages, which is called Joint Economic Lot Sizing (JELS) in literature. The delivery activities in the supply chain consist of a single raw material. We assume that the delivery lead time is stochastic and follows an exponential distribution. Also, the shortage during the lead time is permitted and completely back-ordered for the buyer. With these assumptions, the annual cost function of JELS is minimized. At the end, a numerical example is presented to show that the integrated approach considerably improves the costs in comparison with the independent decisions by seller and buyer.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Industrial Engineering International ; ISSN: 2251-712X ; Volume: 8 ; Year: 2012 ; Pages: 1-7 ; Heidelberg: Springer
- Klassifikation
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Management
- Thema
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integrated inventory model
stochastic lead time
supply chain coordination
cost
optimization
- Ereignis
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Geistige Schöpfung
- (wer)
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Bahri, Mehrab
Tarokh, Mohammad
- Ereignis
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Veröffentlichung
- (wer)
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Springer
- (wo)
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Heidelberg
- (wann)
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2012
- DOI
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doi:10.1186/2251-712X-8-13
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Bahri, Mehrab
- Tarokh, Mohammad
- Springer
Entstanden
- 2012