Managing Supply Chain Inventories: One Warehouse and Multiple Retailers Model

Publish Year: 1384
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:

IIEC04_106

تاریخ نمایه سازی: 7 مهر 1385

Abstract:

Inventories have an important role in all supply chains, and it is important to manage them to minimize the total related costs, consist of holding, ordering and shortage costs. In this paper, we propose a nonlinear model in which a warehouse supplies multiple retailers. Customer demands are random variables with normal distribution. Unsatisfied demands are backordered. Warehouse and retailers work based on periodic review inventory system. Lead times are considered to be deterministic. Calculations show that the warehouse’s demand has normal distribution. Finally, Inventory level that minimizes the total cost is computed.

Authors

Ahmad Makui

Associated professor, Department of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran,

Ayub Rahimzadeh

Master of science Department of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran,

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