search query: @indexterm JUST-IN-TIME PRODUCTION / total: 178
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| Author: | Aderohunmu, R. Mobolurin, A. Bryson, N. |
| Title: | Joint venture-buyer policy in JIT manufacturing |
| Journal: | Journal of the Operational Research Society
1995 : MAR, VOL. 46:3, p. 375-385 |
| Index terms: | INVENTORIES JUST-IN-TIME PRODUCTION LOGISTICS |
| Language: | eng |
| Abstract: | In this study, the authors show that a co-operative batching policy, based on cost information exchange between the vendor and the buyer, can reduce total cost significantly in the just-in-time environment. They examine the impact of such co-operation on total costs, including ordering, set-up, transportation and inventory holding costs for a long-term relationship. The study shows that joint optimization of both the vendor and the buyer's operations does not necessarily result in a common lot size. |
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