VMI benefits in a multi-products two-echelon system with space restrictions under GA approach
Publish place: 7th International Industrial Engineering Conference
Publish Year: 1389
Type: Conference paper
Language: English
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IIEC07_041
Index date: 28 May 2010
VMI benefits in a multi-products two-echelon system with space restrictions under GA approach abstract
This paper deals with the mathematical issues of a two-echelon vendor-buyer supply chain model under vendor managed inventory (VMI). VMI and traditional model of inventory control are compared with mathematical methods by using EOQ model. Criterion for this comparison is total inventory cost in the supply chain. Total costs are determined with respect to two buyers and one supplier in model with the assumption that the supplier faces more products. Results of proposed model of VMI show that in special situations, VMI model acts better than traditional model
VMI benefits in a multi-products two-echelon system with space restrictions under GA approach Keywords:
VMI benefits in a multi-products two-echelon system with space restrictions under GA approach authors
Sarem Deilami Moezi
Department of Industrial Management, KAR University, Qazvin
Hesam Saiedy
Department of Industrial Management, KAR University
Akbar Alem Tabriz
Department of Industrial Management, Shahid Behesheti University
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