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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).
SCIMA record nr: 155239
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