Title :
Research on Supply Chain Inventory Optimization and Benefit Coordination with Controllable Lead Time
Author :
Li Yina ; Xu Xuejun ; Ye Fei
Author_Institution :
Sch. of Bus. Adm., South China Univ. of Technol., Guangzhou
Abstract :
Supply chain inventory optimization model with controllable lead time is proposed with considering the extra crashing cost of buyer and supplier caused by shortening lead time. The optimal economic lot size and lead time with and without cooperation are gained, and the algorithms for finding the optimal policy is developed. Shapely value and MCRS method are used to coordinate both parties´ benefits, and the feasibility and efficiency of these models are manifested by numerical test.
Keywords :
inventory management; optimisation; supply chains; benefit coordination; controllable lead time; supply chain inventory optimization; Computer crashes; Cost function; Customer service; Inventory management; Marketing and sales; Mathematical model; Production control; Stochastic processes; Supply chains; Testing;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
DOI :
10.1109/WICOM.2007.1598
