Retailer's optimal sourcing strategy by using one major supplier and one emergent supplier.
David Ming-Huang ChiangRuey-Shan GuoFan-Yun PaiPublished in: Optim. Lett. (2011)
Keyphrases
- supply chain
- inventory policy
- dual sourcing
- uncertain demand
- quantity discount
- order quantity
- reverse auction
- replenishment policy
- lead time
- supplier selection
- supply chain management
- service level
- inventory management
- stackelberg game
- distribution centers
- production system
- stochastic demand
- inventory models
- decision makers
- multi item
- optimal strategy
- optimal production
- safety stock
- dynamic programming
- inventory systems
- single item
- information asymmetry
- production capacity
- expected profit
- single product
- ordering policy