In a stochastic supply chain network knowing the exact distribution of lead-time demand (LTD) for each node allows determining inventory policy parameters, service levels, and optimal costs. To determine the LTD distributions a stochastic analytical model has been developed for a multi-echelon...

We conducted experiments in a multi-echelon inventory system with two scenarios: no information sharing and full information sharing. The results indicate that the bullwhip effect persists even after traditional causes have been excluded. Moreover, full information sharing cannot guarantee...

The paper deals with a production inventory model for various types of items where multiple suppliers, a manufacturer and the multiple non-competing retailers are the members of the supply chain. In this model, each supplier supplies only one type of raw material to the manufacturer. The...