A single-vendor multiple-buyer inventory model with a multiple-shipment policy

被引:65
|
作者
Siajadi, H [1 ]
Ibrahim, RN [1 ]
Lochert, PB [1 ]
机构
[1] Monash Univ Melbourne, Dept Mech Engn, Caulfield, Vic 3143, Australia
来源
INTERNATIONAL JOURNAL OF ADVANCED MANUFACTURING TECHNOLOGY | 2006年 / 27卷 / 9-10期
关键词
distribution system; inventory; joint economic lot size; multiple shipment policy;
D O I
10.1007/s00170-004-2267-4
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This paper presents a new methodology to obtain the joint economic lot size in the case where multiple buyers are demanding one type of item from a single vendor. The shipment policy is found and a new model is proposed to minimise the joint total relevant cost (JTRC) for both vendor and buyer(s). Considering the two-buyer and the more-than-two-buyer cases, an analytical solution and numerical solution are obtained. A significant savings in joint total relevant cost is achieved when the total demand rate is close to the production rate. A sensitivity analysis is also conducted to test the robustness of the new model.
引用
收藏
页码:1030 / 1037
页数:8
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