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In this paper, we consider a serial two-echelon periodic review inventory system with two supply modes at the most … three base-stock levels. We consider the minimization of long run average inventory holding, backlogging, and both per unit …
Persistent link: https://www.econbiz.de/10011052479
"supply learning" (i.e., distribution updating) and investigate how supply learning influences both sourcing and inventory …, we completely characterize the firm's optimal sourcing and inventory decisions for the supply-learning model. Among other …Dual sourcing and inventory are two prevalent and widely studied strategies firms use to manage yield risk. A pervasive …
Persistent link: https://www.econbiz.de/10009218503
trade-off between single and multiple sourcing, as well as keeping inventory and having a back-up supplier. The results …
Persistent link: https://www.econbiz.de/10010869054
An approximation for the fill rate, i.e. the percentage of demand being delivered from inventory on hand immediately …, is derived for items in a periodic review inventory control system with lost sales. We assume demand is stochastic and … inventory control systems assumes that unmet demand is backordered. The major reason for this is that the analysis of a general …
Persistent link: https://www.econbiz.de/10010665800
operational issue of quantity allocation between two uncertain suppliers and its effects on the inventory policies of the buyer …
Persistent link: https://www.econbiz.de/10009191368
and covers many interesting examples, for instance in inventory management. Due to the curse of dimensionality, the …
Persistent link: https://www.econbiz.de/10010939796
single period inventory model with product carbon footprint constraint. An upper bound for the carbon footprint is specified …
Persistent link: https://www.econbiz.de/10011076749
We develop a dynamic model of inventory investment and trade to examine how firms adjust to changes in international … are shown to significantly reduce both the inventory-sales and the import-sales ratios, as the firm adjusts its stockout …
Persistent link: https://www.econbiz.de/10014290163
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