search query: @author Huggins, E. L. / total: 1
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| Author: | Huggins, E. L. Olsen, T. L. |
| Title: | Supply chain management with guaranteed delivery |
| Journal: | Management Science
2003 : SEP, VOL. 49:9, p. 1154-1167 |
| Index terms: | Inventory control Overtime Supply chain Supply chain management |
| Freeterms: | Delivery Expediting |
| Language: | eng |
| Abstract: | A two-stage supply chain under centralized control is considered in this paper. The downstream facility faces discrete stochastic demand and passes supply requests to the upstream facility. The upstream facility always meets the supply requests from downstream. If the upstream facility can not meet the supply requests from inventory on hand, the shortage must be filled by expediting, which will incur per unit and setup costs. Such expediting may take the form of overtime production, which occurs at the end of the period and incurs relatively high production costs, or premium freight shipments, which involves building products at the beginning of the period they are needed and shipping them very quickly with relatively high shipping costs. The case where one method of filling shortages is available ais considered and novel optimal inventory policies are determined under centralized control. |
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