A mathematical formulation is developed for modeling a joint two-echelon supply chain consisting of a single manufacturer (i.e., vendor) who continuously produces a production lot of size Q items with constant production rate P≥D where D is the given demand rate set by the retailer (i.e.,...

We analyze an integrated inventory supply chain and seek the optimal production lot, optimal production rate, and optimal (integer) number of shipments per production lot. An increasing need for higher operational efficiency, as well as growing competition among multiple products for a limited...