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A supplement to "A generalized algebraic model for optimizing inventory decisions in a centralized or decentralized multi-stage multi-firm supply chain"

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  • Francis Leung, Kit Nam
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    Abstract

    In this supplement, a number of integrated models under the integer multiplier coordination mechanism is generalized by allowing complete backorders penalized by not only linear but also fixed costs for some/all retailers. The optimal solution to such a three-stage generalized model is algebraically derived, from which optimal expressions for some well-known models are deduced. In addition, an expression for sharing the coordination benefits is modified, and a numerical example for illustrative purposes is presented. A ready future research work involving extension of the generalized model is suggested to conclude the supplement.

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    File URL: http://www.sciencedirect.com/science/article/pii/S1366554511000056
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    Bibliographic Info

    Article provided by Elsevier in its journal Transportation Research Part E: Logistics and Transportation Review.

    Volume (Year): 47 (2011)
    Issue (Month): 5 (September)
    Pages: 778-790

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    Handle: RePEc:eee:transe:v:47:y:2011:i:5:p:778-790

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    Related research

    Keywords: Production-inventory Lot streaming Inspection Complete backorders The complete/perfect squares method;

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