Study on an Inventory Decision Model in an Assembly System

Abstract:

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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.

Info:

Periodical:

Advanced Materials Research (Volumes 97-101)

Edited by:

Zhengyi Jiang and Chunliang Zhang

Pages:

2393-2396

DOI:

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

Citation:

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

Online since:

March 2010

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$35.00

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