Optimal replenishment and inventory financing strategy in a three-echelon supply chain under the variable demand and default risk.
Ming-Jong YaoJen-Yen LinChieh LeePo-Hung WangPublished in: J. Oper. Res. Soc. (2021)
Keyphrases
- supply chain
- lead time
- replenishment policy
- bullwhip effect
- base stock policy
- inventory control
- uncertain demand
- inventory management
- inventory policy
- inventory replenishment
- single product
- single item
- periodic review
- holding cost
- supply chain management
- planning horizon
- stochastic demand
- decision making
- lot size
- inventory holding
- inventory systems
- safety stock
- operating costs
- service level
- capacity planning
- optimal strategy
- customer demand
- production capacity
- economic order quantity
- base stock policies
- inventory level
- order quantity
- total cost
- lot sizing
- pricing strategies
- cost savings
- setup cost
- joint replenishment
- fixed cost
- lost sales
- expected profit
- infinite horizon
- demand forecasting
- dynamic pricing
- single period
- inventory models
- supplier selection
- distribution network
- finished goods inventory
- optimal solution