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[Research]An optimal policy for a single-vendor single-buyer integrated production–distribution model with bot
2014.01.01 Views 984 경영학연구분석센터
International Journal of Production Economics
Volume 147, Part A, January 2014, Pages 161–170
Sunghee Lee, Daeki Kim,
Department of Logistics, Service & Operations Management (LSOM), Korea University Business School, Korea University, 5-1 Anam-dong, Seongbuk-gu, Seoul 136-701, Republic of Korea
http://www.sciencedirect.com/science/article/pii/S0925527313004155
Abstract
This article develops an integrated production–distribution model to determine an optimal policy with both deteriorating and defective items under a single-vendor single-buyer system. Deterioration is regarded as an inevitable and ingrained characteristic of items. On the other hand, the imperfect quality problem represented with defective items can be considered as outcomes of a not well managed manufacturing and production process. The objective of this article is to maximize the supply chain profit and to find the optimal numbers of delivery after incorporating deterioration and defectiveness into one model. Numerical examples and sensitivity analyses are provided to illustrate the proposed model.
Keywords
Inventory management; Deterioration; Imperfect quality production; Single Setup, Multiple Delivery (SSMD)
Volume 147, Part A, January 2014, Pages 161–170
Sunghee Lee, Daeki Kim,
Department of Logistics, Service & Operations Management (LSOM), Korea University Business School, Korea University, 5-1 Anam-dong, Seongbuk-gu, Seoul 136-701, Republic of Korea
http://www.sciencedirect.com/science/article/pii/S0925527313004155
Abstract
This article develops an integrated production–distribution model to determine an optimal policy with both deteriorating and defective items under a single-vendor single-buyer system. Deterioration is regarded as an inevitable and ingrained characteristic of items. On the other hand, the imperfect quality problem represented with defective items can be considered as outcomes of a not well managed manufacturing and production process. The objective of this article is to maximize the supply chain profit and to find the optimal numbers of delivery after incorporating deterioration and defectiveness into one model. Numerical examples and sensitivity analyses are provided to illustrate the proposed model.
Keywords
Inventory management; Deterioration; Imperfect quality production; Single Setup, Multiple Delivery (SSMD)