Purpose: The aim of this paper is to develop a dynamic model to simultaneously determine the optimal position of the decoupling point and the optimal path of the production rate as well as the inventory level in a supply chain. With the objective to minimize the total cost of the deviation from...

The survival of a business is nowadays more than ever a matter of utmost importance. The process of globalization and current economic crisis are the two main reasons that caused the situation of uncertainty and instability on the world market. In this paper we made a theoretical approach and...