Current economic downturn and supply chain: the significance of demand and inventory smoothing.
Salvatore CannellaJalal AshayeriPablo A. MirandaManfredi BruccoleriPublished in: Int. J. Comput. Integr. Manuf. (2014)
Keyphrases
- supply chain
- lead time
- inventory management
- bullwhip effect
- inventory control
- supply chain management
- uncertain demand
- operating costs
- capacity planning
- safety stock
- demand forecasting
- planning horizon
- service level
- customer demand
- market demand
- inventory policy
- production capacity
- cost savings
- pricing mechanism
- distribution centers
- stochastic demand
- decision making
- replenishment policy
- supplier selection
- distribution network
- single product
- lost sales
- total cost
- lot sizing
- product life cycle
- inventory level
- demand uncertainty
- single item
- multi period
- inventory models
- periodic review
- dynamic pricing
- inventory systems
- joint replenishment
- lot size
- infinite horizon
- state space
- economic order quantity