Optimisation of supply chains for single vendormultibuyer consignment stock policy under controllable lead time using genetic algorithm.
Ch. SrinivasC. S. P. RaoPublished in: Int. J. Manuf. Res. (2007)
Keyphrases
- lead time
- supply chain
- base stock policy
- base stock levels
- dual sourcing
- inventory level
- holding cost
- service level
- stochastic demand
- supply chain management
- customer demand
- inventory systems
- infinite horizon
- single item
- single product
- inventory control
- inventory policy
- planning horizon
- lot sizing
- total cost
- inventory management
- periodic review
- single stage
- finished goods inventory
- lost sales
- lot size
- expected profit
- setup cost
- inventory models
- base stock policies
- optimal policy
- decision makers
- decision making