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 language | English |
|---|---|
| Title of host publication | 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 |
| Pages | 396-400 |
| DOIs | |
| Publication status | Published - 2009 |
| Event | 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 - Beijing, China Duration: 24 Jul 2009 → 26 Jul 2009 |
Conference
| Conference | 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 |
|---|---|
| Place | China |
| City | Beijing |
| Period | 24/07/09 → 26/07/09 |
Research Keywords
- Inventory replenishment
- Perishable products
- Supply chain
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