Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1023620 | Transportation Research Part E: Logistics and Transportation Review | 2009 | 10 Pages |
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.
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Authors
M.E. Seliaman, Ab Rahman Ahmad,