Braglia, Marcello; Castellano, Davide; Frosolini, Marco - In: International Journal of Production Economics 154 (2014) C, pp. 16-31
In this paper a new analytical approach to safety stock management, within single buyer–single vendor framework under VMI with consignment agreement, is presented. In particular, the cost of the safety stock is evaluated adopting a logistic approximation of the standard normal cumulative...