Technical Note—Waiting Time in a Continuous Review (s,S) Inventory System with Constant Lead Times

Continuous Review Perishable Inventory System with OneSupplier, One Retailer andPositive Lead Time

We consider a two-echelon single commodity inventory system with one warehouse(supplier) at the higher echelon and one retailer at the lower echelon. The retailer stocks individual items of a commodity and satisfies unit demands which occur according to a Poisson process. The supplier stocks these items in packets and uses these packetsto: (i) satisfy the demands that occur for single packet an...

Continuous Review and Partial Backorder Inventory System with Controllable Lead Time and Service Level Constraint

Inventory control is important in supply chain management. A great deal of research efforts have been devoted to it over a few decades. Previous researches always assume that the lead time is an exogenously parameter, and the unmet demand is backordered. However, these assumptions may not suit to the real environment. In this paper, a mathematical model regarding inventory control is set up for...

AN (S - 1, S) Inventory System with Fixed Shelf Life and Constant Lead Times

Integrated Inventory Model with Controllable Lead Time Involving Investment for Quality Improvement in Supply Chain System

The purpose of this article is to investigate a two-echelon supply chain inventory problem consisting of a single-vendor and a single-buyer with controllable lead time and investment for quality improvements. This paper presents an integrated vendor-buyer inventory model in order to minimize the sum of the ordering cost, holding cost, setup cost, investment for quality improvement and crashing ...

Continuous review inventory model with variable lead time in a fuzzy random environment

Inventory control is an important field in supply chain management, and a great deal of research efforts have been devoted to it over past few decades. In previous researches, there are some assumptions like that the lead time is an incontrollable variable, and all the items replenished are of perfect quality, and so on. However, those assumptions may not be fit for the real environments, and t...