A buyer-vendor system with untimely delivery costs: Traditional coordination vs. VMI with consignment stock.
Nagihan Çömez-DolganLama Moussawi-HaidarMohamad Y. JaberPublished in: Comput. Ind. Eng. (2021)
Keyphrases
- lead time
- inventory holding costs
- inventory level
- total cost
- supply chain
- production capacity
- transaction costs
- information asymmetry
- electronic commerce
- planning horizon
- setup cost
- cooperative
- stock market
- single item
- stock price
- multiagent systems
- expected profit
- resource requirements
- order quantity
- service level
- expected cost
- multi agent systems
- customer demand
- information sharing
- operating costs
- search costs
- inventory systems
- holding cost
- multi agent
- lot sizing
- decision process
- distributed agents
- long term
- multiple agents
- random variables
- comparison shopping