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In logistics networks involving one supply point (depot) and several geographically dispersed demand points (e.g., retail stores), delivery shortages will result if the design of delivery routes ignores random period-to-period fluctuations in customer demands. Delivery shortages may be costly...
Persistent link: https://www.econbiz.de/10009202321
In this paper, we examine the dynamics of a supply chain that has the option of using two suppliers - one reliable, and the other unreliable. We characterize the unreliable supplier with long lead-time mean and variance. Although the use of the unreliable supplier might potentially warrant...
Persistent link: https://www.econbiz.de/10009202388