A comment: "Integrated single vendor-single buyer model with stochastic demand and variable lead time"
Ben-Daya and Hariga [2004. Integrated single vendor single buyer model with stochastic demand and variable lead time. International Journal of Production Economics 92, 75-80] proposed a single vendor-single buyer integrated inventory model where they assumed that the vendor delivers the lot in equal-sized batch shipments to the buyer. In this note, we modify the model proposed by Ben-Daya and Hariga to permit batch shipments increasing by a fixed factor. We show that it is necessary to consider different reorder-points for each batch shipment and illustrate the benefit of considering unequal-sized batch shipments in a numerical example.
Year of publication: |
2009
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Authors: | Glock, Christoph H. |
Published in: |
International Journal of Production Economics. - Elsevier, ISSN 0925-5273. - Vol. 122.2009, 2, p. 790-792
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Publisher: |
Elsevier |
Keywords: | Integrated inventory Single vendor-single buyer Variable lead time Stochastic demand Supply chain coordination |
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