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- W2124136358 abstract "Supply chain is an accepted way of remaining in the competition in today's rapidly changing market. This paper presents a coordinated seller-buyer supply chain model in two stages, which is called Joint Economic Lot Sizing (JELS) in literature. The delivery activities in the supply chain consist of a single raw material. We assume that the delivery lead time is stochastic and follows an exponential distribution. Also, the shortage during the lead time is permitted and completely back-ordered for the buyer. With these assumptions, the annual cost function of JELS is minimized. At the end, a numerical example is presented to show that the integrated approach considerably improves the costs in comparison with the independent decisions by seller and buyer." @default.
- W2124136358 created "2016-06-24" @default.
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- W2124136358 date "2012-08-16" @default.
- W2124136358 modified "2023-09-27" @default.
- W2124136358 title "A seller-buyer supply chain model with exponential distribution lead time" @default.
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- W2124136358 doi "https://doi.org/10.1186/2251-712x-8-13" @default.
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