Study on an Inventory Decision Model in an Assembly System

Jian Hu Cai

doi:10.4028/www.scientific.net/AMR.97-101.2393

Paper Titles

H-Infinity Robust Control Methodology of Multi-Variable NCSs
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Evaluating Process Design through Quality Function Deployment for Environment
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Adaptive Fuzzy Control of Cutting Temperature Based on Cutting Fluid in High-Speed Machining
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Novel Non-equidistant Optimum GM(1,1) Model with Modified nth Component be Taken as Initial Value and its Application to Metal Cutting
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Study on an Inventory Decision Model in an Assembly System
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Design and Study of Multi-Function Asphalt Mixture Shear Apparatus
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Velocity Control Method for Continuous Short Line Segment High-Speed Machining Based on Transition of Parametric Spline
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Research of Sequencing Working Steps Method for Box Part
p.2412

HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 97-101Study on an Inventory Decision Model in an...

Study on an Inventory Decision Model in an Assembly System

Abstract:

In this paper, an assembly system with two suppliers and one assembler is introduced, and the supply chain operates under a VMI mode. Traditionally the suppliers decide their inventory quantity before the selling season, which is a classical newsvendor model. This paper assumes that the suppliers also can supplement products if the demand is unmet in the selling season. All members’ optimal decisions are gained. And a numerical example is introduced to illustrate our findings.