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Analysis of postponement strategy by EPQ-based models with planned backorders
Li, Jian1,3; Wang, Shouyang1; Cheng, T. C. Edwin2
2008-10-01
发表期刊OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
ISSN0305-0483
卷号36期号:5页码:777-788
摘要This paper develops economic production quantity (EPQ)-based models with planned backorders to evaluate the impact of the postponement strategy on a manufacturer in a supply chain. We derive the optimal total average costs per unit time for producing and keeping n end-products in a postponement system and a non-postponement system, respectively. By comparing the optimal total average costs of the two systems, we evaluate the impact of postponement on the manufacturer under four circumstances. Our results show that postponement strategy can give a lower total average cost under certain circumstances. We also find that the key factors in postponement decisions are the variance of the machine utilization rates and the variance of the backorder costs. (C) 2006 Elsevier Ltd. All rights reserved.
关键词postponement economic production quantity (EPQ) backorder supply chain management (SCM)
DOI10.1016/j.omega.2006.03.002
语种英语
WOS研究方向Business & Economics ; Operations Research & Management Science
WOS类目Management ; Operations Research & Management Science
WOS记录号WOS:000254371100009
出版者PERGAMON-ELSEVIER SCIENCE LTD
引用统计
文献类型期刊论文
条目标识符http://ir.amss.ac.cn/handle/2S8OKBNM/5553
专题系统科学研究所
通讯作者Cheng, T. C. Edwin
作者单位1.Chinese Acad Sci, Inst Syst Sci, Acad Math & Syst Sci, Beijing 100080, Peoples R China
2.Hong Kong Polytech Univ, Dept Logis, Kowloon, Hong Kong, Peoples R China
3.Qufu Normal Univ, Dept Math, Shandong 273165, Peoples R China
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Li, Jian,Wang, Shouyang,Cheng, T. C. Edwin. Analysis of postponement strategy by EPQ-based models with planned backorders[J]. OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE,2008,36(5):777-788.
APA Li, Jian,Wang, Shouyang,&Cheng, T. C. Edwin.(2008).Analysis of postponement strategy by EPQ-based models with planned backorders.OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE,36(5),777-788.
MLA Li, Jian,et al."Analysis of postponement strategy by EPQ-based models with planned backorders".OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE 36.5(2008):777-788.
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