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
Englisch

Erschienen in
Journal: Journal of Industrial Engineering International ; ISSN: 2251-712X ; Volume: 8 ; Year: 2012 ; Pages: 1-7 ; Heidelberg: Springer

Klassifikation
Management
Thema
integrated inventory model
stochastic lead time
supply chain coordination
cost
optimization

Ereignis
Geistige Schöpfung
(wer)
Bahri, Mehrab
Tarokh, Mohammad
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2012

DOI
doi:10.1186/2251-712X-8-13
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Bahri, Mehrab
  • Tarokh, Mohammad
  • Springer

Entstanden

  • 2012

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