| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1142682 | Operations Research Letters | 2008 | 4 Pages |
Abstract
We consider supplier diversification in an EOQ type inventory setting with multiple suppliers and binomial yields. We characterize the optimal policy for the model and show that, in this case, it does not pay to diversify, in contrast to previous results in the random yield literature.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Mehmet Murat Fadıloğlu, Emre Berk, Mustafa Çağrı Gürbüz,