Showing 1 - 2 of 2
We consider a periodic-review inventory system with two suppliers: an unreliable regular supplier that may be disrupted for a random duration, and a reliable backup supplier that can be used during a disruption. The backup supplier charges higher unit purchasing cost and fixed order cost when...
Persistent link: https://www.econbiz.de/10010871235
Based on continuous review (r, Q) policy, this paper deals with contracts for vendor managed inventory (VMI) program in a system comprising a single vendor and a single retailer. Two business scenarios that are popular in VMI program are "vendor with ownership" and "retailer with ownership"....
Persistent link: https://www.econbiz.de/10008865312