کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
483222 | 1446201 | 2007 | 15 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: A single-period inventory placement problem for a supply chain with the expected profit objective A single-period inventory placement problem for a supply chain with the expected profit objective](/preview/png/483222.png)
Consider the expected profit maximizing inventory placement problem in an N-stage, supply chain facing a stochastic demand for a single planning period for a specialty item with a very short selling season. Each stage is a stocking point holding some form of inventory (e.g., raw materials, subassemblies, product returns or finished products) that after a suitable transformation can satisfy customer demand. Stocking decisions are made before demand occurs. Because of delays, only a known fraction of demand at a stage will wait for shipments. Unsatisfied demand is lost. The revenue, salvage value, ordering, shipping, processing, and lost sales costs are proportional. There are fixed costs for utilizing stages for stock storage. After characterizing an optimal solution, we propose an algorithm for its computation. For the zero fixed cost case, the computations can be done on a spreadsheet given normal demands. For the nonnegative fixed cost case, we develop an effective branch and bound algorithm.
Journal: European Journal of Operational Research - Volume 178, Issue 3, 1 May 2007, Pages 767–781