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This paper proposes and analyzes a periodic review inventory system with two replenishment modes. Regular orders are placed periodically following a base stock policy on inventory position, and arrive at the stocking location after a deterministic lead time. The location also has the option of...
Managing risk and disruptions have emerged as issues of critical importance for today's globalised supply chains. In this work, we first provide an up-to-date taxonomy of the risks that supply chains are exposed to along with the appropriate solutions that can be employed to improve their...