Study on an Inventory Decision Model in an Assembly System
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.
Zhengyi Jiang and Chunliang Zhang
J. H. Cai "Study on an Inventory Decision Model in an Assembly System ", Advanced Materials Research, Vols. 97-101, pp. 2393-2396, 2010