KMS Of Academy of mathematics and systems sciences, CAS
Optimal ordering policy in a distribution system | |
Li, Jing-An; Wu, Yue; Lai, Kin Keung; Liu, Ke | |
2006-10-01 | |
发表期刊 | INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS |
ISSN | 0925-5273 |
卷号 | 103期号:2页码:527-534 |
摘要 | In conventional inventory management, the retailers monitor their own inventory levels and place orders at the distributor when they think it is the appropriate time to reorder. The distributor receives these orders from the retailers, prepares the product for delivery. Similarly, the distributor will place an order at the manufacturer at the appropriate time. Generally, the order that the distributor places at the manufacturer is larger than that the retailer places at the distributor. In order to afford this large order, there should exist a long-term supply contract between the manufacturer and distributor that can guarantee a stationary supply to the distributor. This paper discusses this case, and derives the optimal stationary supply, that is, the optimal ordering policy of the distributor. Also computational results are presented. (c) 2006 Elsevier B.V. All rights reserved. |
关键词 | inventory production order-up-to policies |
DOI | 10.1016/j.ijpe.2005.11.007 |
语种 | 英语 |
WOS研究方向 | Engineering ; Operations Research & Management Science |
WOS类目 | Engineering, Industrial ; Engineering, Manufacturing ; Operations Research & Management Science |
WOS记录号 | WOS:000239477900004 |
出版者 | ELSEVIER SCIENCE BV |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/2555 |
专题 | 应用数学研究所 |
通讯作者 | Lai, Kin Keung |
作者单位 | 1.City Univ Hong Kong, Dept Management Sci, Hong Kong, Hong Kong, Peoples R China 2.Univ Southampton, Sch Management, Southampton, Hants, England 3.Hunan Univ, Coll Business Adm, Changsha 410082, Hunan, Peoples R China 4.Chinese Acad Sci, Acad Math & Syst Sci, Inst Appl Math, Beijing, Peoples R China |
推荐引用方式 GB/T 7714 | Li, Jing-An,Wu, Yue,Lai, Kin Keung,et al. Optimal ordering policy in a distribution system[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,2006,103(2):527-534. |
APA | Li, Jing-An,Wu, Yue,Lai, Kin Keung,&Liu, Ke.(2006).Optimal ordering policy in a distribution system.INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,103(2),527-534. |
MLA | Li, Jing-An,et al."Optimal ordering policy in a distribution system".INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS 103.2(2006):527-534. |
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