Dual sourcing in the age of near-shoring: Trading off stochastic capacity limitations and long lead times.
Marko JaksicJan C. FransooPublished in: Eur. J. Oper. Res. (2018)
Keyphrases
- lead time
- dual sourcing
- assembly systems
- supply chain
- holding cost
- periodic review
- single period
- inventory systems
- capacity expansion
- service level
- lot sizing
- capacity planning
- inventory control
- customer demand
- planning horizon
- random variables
- single item
- total cost
- stochastic inventory
- single product
- single stage
- stochastic optimization
- setup cost
- fixed cost
- lost sales
- utility function
- cost function
- stochastic demand
- order quantity
- inventory level
- infinite horizon
- multistage