search query: @indexterm Purchasing / total: 606
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Author: | Hill, R. |
Title: | Order splitting in continuous review (Q, r) inventory models |
Journal: | European Journal of Operational Research
1996 : NOV 22, VOL. 95:1, p. 53-61 |
Index terms: | INVENTORIES PURCHASING OPERATIONAL RESEARCH |
Language: | eng |
Abstract: | A number of recent articles in the literature have argued the case, when lead time is variable, for splitting a replenishment order for Q between n suppliers by comparing this with the alternative of placing a single order for Q on one supplier. The split order compares favourably on the grounds that the arrival of the first component of a split order cannot be later than the arrival of an order from any one specified supplier. This note argues that an alternative comparison could be made with a policy of ordering Q/n from a single supplier (n times as often). |
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