COORDINATED VS INDEPENDENT INVENTORY REPLENISHMENT POLICIES FOR A VENDOR AND MULTIPLE BUYERS

被引:76
作者
BANERJEE, A
BURTON, JS
机构
[1] Department of Management, Drexel University, Philadelphia
关键词
Buyer - Inventory control model - Inventory replenishment policy - Vendor;
D O I
10.1016/0925-5273(94)90084-1
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Through a series of simulation experiments we show that classical lot sizing models do not adequately describe a situation where a single vendor produces and supplies a product to multiple industrial customers, buying in discrete lots. We suggest a common replenishment cycle based, coordinated inventory control model and show that this approach is superior to independent optimization.
引用
收藏
页码:215 / 222
页数:8
相关论文
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