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- W1994652183 abstract "This paper develops a set of decision rules to assist wholesalers to decide whether it is more cost effective to trans-ship urgent outstanding retailer orders from other wholesalers, very fast but at a higher purchase cost, or to order from their suppliers. By considering the uncertainty in demand, it models the total cost encountered by wholesalers, including purchasing, backordering and holding costs in the inventory replenishment process. Unlike previous models that are complex, highly mathematical and difficult to apply, this model provides a pragmatic and less complex method adoptable by ordinary logistics managers and requires input data that are accessible from the previous transaction records of an organization. The application of the proposed decision rules are illustrated considering different scenarios of wholesaler-supplier combinations." @default.
- W1994652183 created "2016-06-24" @default.
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- W1994652183 date "2012-12-01" @default.
- W1994652183 modified "2023-09-26" @default.
- W1994652183 title "A pragmatic stochastic decision model for supporting goods trans-shipments in a supply chain environment" @default.
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- W1994652183 doi "https://doi.org/10.1016/j.dss.2012.04.012" @default.
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