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Inventory replenishment model for perishable products in two-level supply chain

  • Shen Dongjie
  • , Keung Lai Kin
  • , Liang Liang

    Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

    Abstract

    The collaborative forecasting model is introduced into the inventory replenishment strategies of the supplier and the retailer. And the inventory model of two-level supply chain is constructed in our study. This two-level supply chain is consisted of one supplier and multiple retailers. We analyze the inventory replenishment model that maximizes the total profits of the whole supply chain, with respect to the price discount and out of stock for the supplier and the retailers, when the demand and the lead time are both stochastic. © 2009 IEEE.
    Original languageEnglish
    Title of host publication2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009
    Pages396-400
    DOIs
    Publication statusPublished - 2009
    Event2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 - Beijing, China
    Duration: 24 Jul 200926 Jul 2009

    Conference

    Conference2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009
    PlaceChina
    CityBeijing
    Period24/07/0926/07/09

    Research Keywords

    • Inventory replenishment
    • Perishable products
    • Supply chain

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