The single-period inventory problem: Extension to random yield from the perspective of the supply chain

被引:105
作者
Keren, Baruch [1 ,2 ]
机构
[1] Sami Shamoon Coll Engn, Dept Ind Engn & Management, IL-84100 Beer Sheva, Israel
[2] Open Univ, Dept Management & Econ, Raanana, Israel
来源
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE | 2009年 / 37卷 / 04期
关键词
Newsvendor problem; Stochastic yield; Supply chain management; Inventory control; CHANNEL COORDINATION; UNCERTAIN DEMAND; NEWSVENDOR MODEL; POLICIES; QUANTITIES; CAPACITY; BUYER;
D O I
10.1016/j.omega.2008.07.006
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
A special form of the single-period inventory problem (newsvendor problem) with a known demand and stochastic supply (yield) is studied. A general analytic solution for two types of yield risks, additive and multiplicative, is described. Numerical examples demonstrate the solutions for special cases Of uniform distribution yield risks. An analysis of a two-tier Supply chain of customer and producer reveals that the customer may find it optimal to order more than is needed, since a larger order increases the producer's optimal production quantity. (C) 2008 Elsevier Ltd. All rights reserved.
引用
收藏
页码:801 / 810
页数:10
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