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A serial mixed produce-to-order and produce-in-advance inventory model with multiple retailers

Author

Listed:
  • Wu, Yunan
  • Cheng, T.C.E.
  • Zhang, Jihong

Abstract

We formulate a general mixed produce-to-order and produce-in-advance inventory model having multiple stocking echelons and multiple retailers. We show that the problem to find an optimal inventory policy for such a model with a uniform or a normal demand distribution can be reduced to a general constrained optimization problem.

Suggested Citation

  • Wu, Yunan & Cheng, T.C.E. & Zhang, Jihong, 2012. "A serial mixed produce-to-order and produce-in-advance inventory model with multiple retailers," International Journal of Production Economics, Elsevier, vol. 136(2), pages 378-383.
    • Handle: RePEc:eee:proeco:v:136:y:2012:i:2:p:378-383
    DOI: 10.1016/j.ijpe.2011.12.025
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    References listed on IDEAS

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    1. Bivin, David G., 2003. "Firm performance under just-in-time and traditional proxies for profit maximization," International Journal of Production Economics, Elsevier, vol. 81(1), pages 141-152, January.
    2. Wong, W.K. & Qi, J. & Leung, S.Y.S., 2009. "Coordinating supply chains with sales rebate contracts and vendor-managed inventory," International Journal of Production Economics, Elsevier, vol. 120(1), pages 151-161, July.
    3. Banerjee, Avijit, 2005. "Concurrent pricing and lot sizing for make-to-order contract production," International Journal of Production Economics, Elsevier, vol. 93(1), pages 189-195, January.
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