search query: @author Akella, R. / total: 6
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| Author: | Anupindi, R. Akella, R. |
| Title: | Diversification under supply uncertainty |
| Journal: | Management Science
1993 : AUG, VOL. 39:8, p. 944-963 |
| Index terms: | SUPPLY UNCERTAINTY INVENTORIES |
| Language: | eng |
| Abstract: | Supply chain management is becoming an increasingly important issue, especially when in most industries the cost of materials purchased comprises 40-60% of the total sales revenue. Despite the benefits cited for single sourcing in the popular literature, there is enough evidence of industries having two/three sources for most parts. In this paper the authors address the operational issue of quantity allocation between two uncertain suppliers and its effects on the inventory policies of the buyer. |
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