Article ID Journal Published Year Pages File Type
1023620 Transportation Research Part E: Logistics and Transportation Review 2009 10 Pages PDF
Abstract

In this paper, we deal with more generalized inventory coordination mechanism in an n-stage, multi-customer, non-serial supply chain, where we extend and generalize pervious works that use algebraic methods to optimize this coordinated supply chain. We establish the recursive expressions for this multi-variable optimization problem. These expressions are used for the derivation of the optimal replenishment policy and the development of the solution algorithm. Further, we describe a simple procedure that can help in sharing the coordination cost benefits to induce all stages to adopt the inventory coordination mechanism. We provide a numerical example for illustrative purposes.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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