DocumentCode
2078236
Title
Optimal Order Quantity in Hybrid Supply Chain and Its Sensitivity Analysis
Author
Li, Hainan ; Chen, Rongqiu
Author_Institution
Sch. of Manage., Huazhong Univ. of Sci. & Technol., Wuhan, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Considering a hybrid supply chain (HSC) in which a supplier has a traditional retailer who also adopts a drop-shipping channel, we model and prove that the retailer´s optimal order quantity for decentralized or centralized system exists. Different from traditional supply chain models, customer choice of channel is introduced to the model. The results show that the optimal order quantity for the HSC is influenced by customer choice of channel as well as cost, which is different from a single-channel (or pure) supply channel. To verify the results, number experiment is performed and sensitivity analysis is followed. The result of number experiment shows that the impact of customer choice of channel on optimal order quantity in decentralized HSC is different from that in centralized HSC. At the end of the study the further research direction to the topic is proposed.
Keywords
inventory management; multivariable systems; supply chain management; supply chains; decentralized system; drop-shipping channel; hybrid supply chain; optimal order quantity; pure supply channel; sensitivity analysis; single-channel supply channel; Cost function; Electronic mail; Inventory management; Sensitivity analysis; Supply chain management; Supply chains; Switches; Technology management; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Electronic_ISBN
978-1-4244-4639-1
Type
conf
DOI
10.1109/ICMSS.2009.5301226
Filename
5301226
Link To Document