haku: @author Fry, M. J. / yhteensä: 2
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Tekijä:Fry, M. J.
Kapuscinski, R.
Olsen, T. L.
Otsikko:Coordinating Production and Delivery Under a (z, Z)- Type Vendor-Managed Inventory Contract
Lehti:Manufacturing & service operations management
2001 : SPRING VOL. 3:2, p. 151-173
Asiasana:PRODUCTION
INVENTORIES
CONTRACTS
Kieli:eng
Tiivistelmä:This paper models a type of vendor-managed inventory (VMI) agreement that occurs in practice called a (z, Z) contract. The authors investigate the savings due to better coordination of production and delivery facilitated by such an agreement. The optimal behavior of both the supplier and the retailer are characterized. The optimal replenishment and production policies for a supplier are found to be up-to policies, which are shown to be easily computed by decoupling the periods when the supplier outsources from those when the supplier does not outsource. A simple application of the newsvendor relation is used to define the retailer's optimal policy.
SCIMA tietueen numero: 229856
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