Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
474214 | Computers & Operations Research | 2007 | 16 Pages |
Abstract
We study the problem of a manufacturer who outsources a single product to multiple capacitated suppliers. Given a pool of potential suppliers, a decision has to be made about which supplier(s) to use, and how much and how often to purchase from each selected supplier. We build an EOQ-type model with a finite-time horizon, which differs from the existing model in the literature with an infinite-time horizon. We design a dynamic programming and a scatter search algorithm to solve the problem, and provide computational results to show the effectiveness of the proposed methods.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Tinglong Dai, Xiangtong Qi,