A Multi-Vendor Single-Buyer Integrated Inventory Model with Shortages
نویسندگان
چکیده
This paper develops a more general production-inventory model for a one-buyermulti-vendor integrated system. We consider the problems where a manufacturer faces problem from the supply side when sourcing a product from heterogeneous suppliers. The model is extended to the situation with shortage permitted, based on shortage being allowed to occur only for the buyer. A numerical example and sensitivity analysis is presented to illustrate the procedure.
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