On optimally coordinating inventory for a deteriorating item in a supply chain system with a single vendor and multiple buyers

被引：6
作者：
Huang, Jia-Yen [1 ,3 ]
Yao, Ming-Jong [2 ,4 ]
机构：
[1] Department of Marketing and Logistics Management, Ling Tung University, Taichung, 408, 1 Ling Tung Road, Nantun
[2] Department of Industrial Engineering, Enterprise Information Tunghai University
来源：
Journal of the Chinese Institute of Industrial Engineers | 2005年 / 22卷 / 06期
关键词：
Deterioration; Multiple buyers; Optimality structure; Search algorithm; Single vendor;
D O I：
10.1080/10170660509509316
中图分类号：
学科分类号：
摘要：
This study aims at optimally coordinating inventory for a deteriorating item among all the partners in a supply chain system with a single vendor and multiple buyers so as to minimize the average total costs. In order to solve this problem, we explore the optimality structure of the optimal objective value curve and derive several interesting properties for the mathematical model. By utilizing our theoretical results, we propose a search algorithm that can efficiently solve the optimal solution. Based on our numerical experiments, we show that the proposed algorithm outperforms the existing solution approach in the literature. © 2005 Taylor & Francis Group, LLC.
引用
收藏
页码：473 / 484
页数：11
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