A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption
In this paper, we investigate inventory and order strategies of a two-echelon supply chain, which is composed of two unreliable suppliers that are subject to random disruption. We develop the gross weighted profit benchmark model and the service level constrained model of the supply chain, respectively. We derive the retailer’s optimal order quantity and analyze the retailer’ optimal order policy and also obtain the analytical closed-form solutions. In addition, some numerical examples are provided to illustrate the effect of disruption time, disruption probability and fill rate on the optimal decisions and expected profit.
Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption
In this paper, we investigate inventory and order strategies of a two-echelon supply chain, which is composed of two unreliable suppliers that are subject to random disruption. We develop the gross weighted profit benchmark model and the service level constrained model of the supply chain, respectively. We derive the retailer’s optimal order quantity and analyze the retailer’ optimal order policy and also obtain the analytical closed-form solutions. In addition, some numerical examples are provided to illustrate the effect of disruption time, disruption probability and fill rate on the optimal decisions and expected profit.
Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption
Rongfang Yan (author) / Dejun Kou (author) / Bin Lu (author)
2019
Article (Journal)
Electronic Resource
Unknown
Metadata by DOAJ is licensed under CC BY-SA 1.0
Inventory Policies and Supply Chain Coordination under Logistics Route Disruption Risks
| DOAJ | 2023
| DOAJ | 2021
Dual-Route Distribution Strategy with Supply Chain Disruption
| British Library Online Contents | 2014