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We consider optimal inventory replenishment policies for capacitated 2-echelon serial inventory systems, where the …
Persistent link: https://www.econbiz.de/10014085952
In this paper, we study a hybrid RDC-DC serial inventory system where the RDC replenishes its stock from an outside … system, the DC itself can replenish its inventory from the outside supplier as well. We propose two simple and easy …
Persistent link: https://www.econbiz.de/10014101084
recovery period due to capacity constraints. Although holding inventory has been shown to mitigate a firm's disruption exposure … decreasing at a decreasing rate with the inventory quantity of the disrupted part. More surprisingly, the firm's disruption … exposure is decreasing at a decreasing rate with the inventory quantity of non-disrupted parts. We exploit these findings to …
Persistent link: https://www.econbiz.de/10013250370
The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for … intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable … when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …
Persistent link: https://www.econbiz.de/10013024674
effects of supply disruptions on perishable-product inventory systems. Our analysis suggests that the optimal base-stock level …
Persistent link: https://www.econbiz.de/10013036202
Persistent link: https://www.econbiz.de/10013040951
A model is built to study the impact of the variance of demand on the supply chain inventory and also to identify the … best arrangement of the inventory policy across the supply chain. The basic objective of Inventory management by an entity … echelon in phases from 10% to 70%. The best arrangement of inventory policy (choosing policy for each echelon from a choice of …
Persistent link: https://www.econbiz.de/10012979833
This paper considers inventory models of the order-quantity/order-point type, or (Q,r) models. In general the control …
Persistent link: https://www.econbiz.de/10012988848
A model is built in order to study the impact of variance of demand on the supply chain inventory and also to identify … the best combination of the inventory policy across the supply chain. Inventory management at independent entities is to … either prevent stock out or for having lowest funds locked up. This might result in either higher inventory holding or stock …
Persistent link: https://www.econbiz.de/10012917316
period, the firm determines its selling price and inventory replenishment quantity, but it knows neither the form of demand … learning and action in a sense that the firm actively experiments on pricing and inventory levels to collect demand information …
Persistent link: https://www.econbiz.de/10012903806