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Discuss on the Stock Replenishment of VMI With One Supplier and Two-Distributors

In: Liss 2014

Author

Listed:
  • Chunguang Quan

    (Changsha University)

  • Anquan Zou

    (Changsha University)

  • Enyong Dai

    (Changsha University)

  • Xiaojuan Cheng

    (Central South University)

Abstract

In a vendor-managed inventory (VMI) system consisting of one supplier two-distributors with different determined demand, two replenishment policies are discussed. In the first replenishment policy, the replenishment time and number of two-distributors are not coordinated, while in the second one, the method of integer-ratio time coordinatio that the replenishment interval for the supplier is an integer multiple of that for the distributors is applied. Finally, a numerical example is presented to verify the effect of the two replenishment policies. Results show that the method of integer-ratio time coordination is prior to uncoordinated policy.

Suggested Citation

  • Chunguang Quan & Anquan Zou & Enyong Dai & Xiaojuan Cheng, 2015. "Discuss on the Stock Replenishment of VMI With One Supplier and Two-Distributors," Springer Books, in: Zhenji Zhang & Zuojun Max Shen & Juliang Zhang & Runtong Zhang (ed.), Liss 2014, edition 127, pages 133-140, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-43871-8_21
    DOI: 10.1007/978-3-662-43871-8_21
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