Two-Echelon Inventory Stochastic Model of Supply Chain Based on Service Level Constraints

Da Li Jiang; Guang Fu Zhu; De Li

doi:10.4028/www.scientific.net/AMR.971-973.2448

Paper Titles

The Analysis of Business Operation Pattern of E-Commerce Cash Flow
p.2424

The Policy Effectiveness Evaluation on Financial Investment of Scientific and Technological Innovation of Liaoning Province
p.2428

The Second-Degree Price Discrimination of m Firms with n Demand Intervals Pricing Based on Cournot Model
p.2432

Timed Influence Nets Based Evaluation of the Effectiveness of Public Health Emergency Scenario
p.2442

Two-Echelon Inventory Stochastic Model of Supply Chain Based on Service Level Constraints
p.2448

Using Enterprise Architecture to Direct IT Governance
p.2452

Analysis on the Problems and Measures to the Construction Project Cost Management
p.2458

An Empirical Research of the Debt Source Structure and Operating Performance of the Small and Medium-Sized Enterprises of Chemical Industry in China
p.2462

BBS of Mechanical Amateur Management System Development
p.2466

HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 971-973Two-Echelon Inventory Stochastic Model of Supply...

Two-Echelon Inventory Stochastic Model of Supply Chain Based on Service Level Constraints

Abstract:

The study on multi-echelon inventory of supply chain is becoming more and more important in E-business era. This paper proposes a two-echelon inventory model with one supplier and several retailers, in which a certain service level has to be satisfied and the goal is to minimize the total inventory cost. In addtion it puts forward an effective algorithm for this model to obtain the optimal replenishment period and inventory level of each supply chain node.

You might also be interested in these eBooks

New Technologies for Engineering Research and Design in Industry

View Preview

Info:

Periodical:

Advanced Materials Research (Volumes 971-973)

Pages:

2448-2451

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.971-973.2448

Citation:

Cite this paper

Online since:

June 2014

Authors:

Da Li Jiang, Guang Fu Zhu, De Li*

Keywords:

Service Level, Supply Chain, Two-Echelon Inventory

Export:

RIS, BibTeX

Price:

Permissions CCC:

Request Permissions

Permissions PLS:

Request Permissions

Сopyright:

Citation:

* - Corresponding Author

References

[1] Chi-Leung Chu, V. Jorge Leon: Single-vendor multi-buyer inventory coordination under private information, European Journal of Operational Research, 191 (2008), pp.485-503.

DOI: 10.1016/j.ejor.2007.06.046

Google Scholar

[2] Xiuli Chao, Sean X. Zhou: Optimal Policy for a Multiechelon Inventory System with Batch Ordering and Fixed Replenishment Intervals, Operations Research, Vol. 57( 2)(2009), pp.377-390.

DOI: 10.1287/opre.1080.0636

Google Scholar

[3] M.A. Darwish, O.M. Odah: Vendor managed inventory model for single-vendor multi-retailer supply chains, European Journal of Operational Research, 204 (2010) , pp.473-484.

DOI: 10.1016/j.ejor.2009.11.023

Google Scholar

[4] Lucio Zavanell, SimoneZanoni: A one-vendor multi-buyer integrated production-inventory model: The Consignment Stock, case, Int. J. Production Economics, 118 (2009) , pp.225-232.

DOI: 10.1016/j.ijpe.2008.08.044

Google Scholar

[5] Chuang-Chun Chiou, Ming-Jong Yao, Jenteng Tsai: A mutually beneficial coordination mechanism for a one-supplier multi-retailers supply chain, Int. J. Production Economics, 108 (2007), pp.314-328.

DOI: 10.1016/j.ijpe.2007.02.001

Google Scholar