Journal article
An integrated production–distribution model for a deteriorating inventory item
International journal of production economics, v 133(1)
2011
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
We develop an integrated production–distribution model for a deteriorating item in a two-echelon supply chain. The supplier’s production batch size is restricted to an integer multiple of the discrete delivery lot quantity to the buyer. Exact cost functions for the supplier, the buyer and the entire supply chain are developed. These lead to the determination of individual optimal policies, as well as the optimal policy for the overall, integrated supply chain. We outline a procedure for determining the optimal supply chain decisions with the objective of minimizing the total system cost. Our approach is illustrated through a numerical example.
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Details
- Title
- An integrated production–distribution model for a deteriorating inventory item
- Creators
- Changyuan YanAvijit BanerjeeLiangbin Yang
- Publication Details
- International journal of production economics, v 133(1)
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Decision Sciences (and Management Information Systems)
- Web of Science ID
- WOS:000292942100028
- Scopus ID
- 2-s2.0-79958200854
- Other Identifier
- 991014878171804721
UN Sustainable Development Goals (SDGs)
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InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Web of Science research areas
- Engineering, Industrial
- Engineering, Manufacturing
- Operations Research & Management Science