A note on supply chain coordination for joint determination of order quantity and reorder point using a credit option.
Barry R. CobbAlan W. JohnsonPublished in: Eur. J. Oper. Res. (2014)
Keyphrases
- reorder point
- supply chain coordination
- order quantity
- total cost
- lead time
- supply chain
- lot size
- service level
- standard deviation
- inventory systems
- optimal solution
- setup cost
- single item
- optimal policy
- lot sizing
- inventory level
- supply chain management
- stochastic demand
- infinite horizon
- planning horizon
- lost sales
- single stage
- lower bound
- holding cost
- random variables
- bayesian networks