DocumentCode :
2432265
Title :
Research on uncertainty demand inventory control in supply chain
Author :
Chen, Huafei
Author_Institution :
Sch. of Manage., Harbin Univ. of Commerce Harbin, Harbin, China
fYear :
2011
fDate :
8-11 Jan. 2011
Firstpage :
874
Lastpage :
878
Abstract :
The overall operations of supply chain are affected by the increase of demand uncertainty. Inventory control is an important part in supply chain management. Under the requirement mentioned above, this paper studies the inventory control with uncertainty demand. Three-echelon inventory model of manufacture regarded as core enterprise is modeled, which assumes that uncertainty demand subjects to normal distribution. Redundancy inventory in the node enterprise of supply chain is discussed under the two inventory replenishment strategy (continuous review inventory and periodic review inventory). It ´s shown that the result of this study is valuable to reduce the total cost of inventory and improve the performance of supply chain.
Keywords :
normal distribution; stock control; supply chains; core enterprise; normal distribution; redundancy inventory; supply chain; three-echelon inventory model; uncertainty demand inventory control; Fluctuations; Inventory control; Raw materials; Supply chains; Uncertainty; inventory; supply chain; uncertainty demand;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
Type :
conf
DOI :
10.1109/MSIE.2011.5707547
Filename :
5707547
Link To Document :
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