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- W2894076817 abstract "This paper proposes a model of single-vendor multi-buyer supply chain coordination with stochastic demand in which the vendor's production cycle length and the buyers' ordering cycle lengths are synchronized. A mathematical model for the coordination policy considering possible stock-out and/or excessive stock is formulated, and a solution algorithm for the model is developed. The numerical results show that, under stochastic situation, our coordination model performs better than two other policies, the decentralized decision making model and the common cycle coordination model. Considering the difficulty of estimating shortage cost, trade-off curves are plotted along a range of service levels to further compare the models and reinforce our results." @default.
- W2894076817 created "2018-10-05" @default.
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- W2894076817 date "2018-12-01" @default.
- W2894076817 modified "2023-09-23" @default.
- W2894076817 title "Single-vendor multi-buyer supply chain coordination with stochastic demand" @default.
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- W2894076817 doi "https://doi.org/10.1016/j.ijpe.2018.09.024" @default.
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