CHANNEL PERFORMANCE UNDER VENDOR MANAGED CONSIGNMENT INVENTORY CONTRACT WITH ADDITIVE STOCHASTIC DEMAND
نویسندگان
چکیده
منابع مشابه
Vendor Managed Inventory of a Supply Chain under Stochastic Demands
In this research, an integrated inventory problem is formulated for a single-vendor multiple-retailer supply chain that works according to the vendor managed inventory policy. The model is derived based on the economic order quantity in which shortages with penalty costs at the retailers` level is permitted. As predicting customer demand is the most important problem in inventory systems and th...
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In this study, a vendor-managed inventory model is developed for a single-vendor multiple-retailer single-warehouse (SV-MR-SV) supply chain problem based on the economic order quantity in which demands are stochastic and follow a uniform probability distribution. In order to reduce holding costs and to help balanced on-hand inventory cost between the vendor and the retailers, it is assumed that...
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The use of VMI at Wal-Mart on a large scale has attracted a great deal of attention in the industrial world. In a VMI program, the supplier assumes control of the inventory management for one or more retailers (Fry, 2002). The supplier monitors the inventory level at the retailers and makes the decisions related to the quantities of replenishment and the timing of shipments to the retailers. It...
متن کاملvendor managed inventory of a supply chain under stochastic demands
in this research, an integrated inventory problem is formulated for a single-vendor multiple-retailer supply chain that works according to the vendor managed inventory policy. the model is derived based on the economic order quantity in which shortages with penalty costs at the retailers` level is permitted. as predicting customer demand is the most important problem in inventory systems and th...
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ژورنال
عنوان ژورنال: Statistics in Transition New Series
سال: 2018
ISSN: 1234-7655,2450-0291
DOI: 10.21307/stattrans-2018-030