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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
ISSN0925-5273
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
DOI10.1016/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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