Document Details
Document Type |
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Article In Journal |
Document Title |
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A generalized algebraic model for optimizing inventory decisions in a multi-stage complex supply chain تعميم النموذج الأمثل الجبري لقرارات المخزون في مرحلة متعددة سلسلة التوريد المعقدة |
Subject |
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Information Technology |
Document Language |
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English |
Abstract |
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In this paper, we deal with more generalized inventory coordination mechanism in an n-stage, multi-customer, non-serial supply chain, where we extend and generalize pervious works that use algebraic methods to optimize this coordinated supply chain. We establish the recursive expressions for this multi-variable optimization problem. These expressions are used for the derivation of the optimal replenishment policy and the development of the solution algorithm. Further, we describe a simple procedure that can help in sharing the coordination cost benefits to induce all stages to adopt the inventory coordination mechanism. We provide a numerical example for illustrative purposes. |
ISSN |
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0-7637-1422-0 |
Journal Name |
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ScienceDirect |
Volume |
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45 |
Issue Number |
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3 |
Publishing Year |
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2009 AH
2009 AD |
Article Type |
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Article |
Added Date |
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Tuesday, February 9, 2010 |
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Researchers
عبدالرحمن احمد | Ahamed, Abdulrahman | Researcher | Doctorate | abinahmad@kau.edu.sa |
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