دورية أكاديمية
Solving the vendor-buyer integrated inventory system with arithmetic-geometric inequality
| العنوان: | Solving the vendor-buyer integrated inventory system with arithmetic-geometric inequality |
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| المصدر: | Mathematical and Computer Modelling |
| سنة النشر: | 2011 |
| المجموعة: | Repositorio del Tecnologico de Monterrey |
| مصطلحات موضوعية: | Algebraic optimization, Alternative approach, Buyer systems, Competitive markets, Economic order quantity, Economic production quantity, Geometric inequalities, Integrated inventory, Integrated production-inventory model, Integrated systems, Inventory costs, Inventory models, Inventory policies, Lot size, Market share, National Semiconductors, Optimal solutions, Procter and gambles, Response time, Two stage, Walmart, Algebra, Competition, Geometry, Integrated optics, Inventory control, Optimization, Sales, Supply chain management, Supply chains |
| الوصف: | In the past, economic order quantity (EOQ) and economic production quantity (EPQ) were treated independently from the viewpoints of the buyer or the vendor. In most cases, the optimal solution for one player was non-optimal to the other player. In today's competitive markets, close cooperation between the vendor and the buyer is necessary to reduce the joint inventory cost and the response time of the vendor-buyer system. The successful experiences of National Semiconductor, Wal-Mart, and Procter and Gamble have demonstrated that integrating the supply chain has significantly influenced the company's performance and market share (Simchi-Levi et al. (2000) [1]). Recently, Yang et al. (2007) [2] presented an inventory model to determine the economic lot size for both the vendor and buyer, and the number of deliveries in an integrated two stage supply chain. In this paper, we present an alternative approach to determine the global optimal inventory policy for the vendor-buyer integrated system using arithmetic-geometric inequality. © 2010 Elsevier Ltd. |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | English |
| العلاقة: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-78751634651&doi=10.1016%2fj.mcm.2010.11.056&partnerID=40&md5=61f9e8984016ae22956cea23ad214392Test; Investigadores; Estudiantes; 8957177; http://hdl.handle.net/11285/630325Test; 53; 06-may; 991; 997 |
| DOI: | 10.1016/j.mcm.2010.11.056 |
| الإتاحة: | https://doi.org/10.1016/j.mcm.2010.11.056Test http://hdl.handle.net/11285/630325Test |
| حقوق: | info:eu-repo/semantics/openAccess ; http://creativecommons.org/licenses/by-nc-nd/4.0Test |
| رقم الانضمام: | edsbas.BFB3D5A2 |
| قاعدة البيانات: | BASE |
| DOI: | 10.1016/j.mcm.2010.11.056 |
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