Production-inventory cooperation for perishable products in supply chain

Dongjie SHEN; Kin Keung LAI; M WANG; Liang Liang

Production-inventory cooperation for perishable products in supply chain

Dongjie SHEN
, Kin Keung LAI
, M WANG
, Liang Liang

Research output: Conference Papers › RGC 32 - Refereed conference paper (without 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.

Original language	English
Publication status	Published - 24 Jul 2009
Event	International Conference on Business Intelligence and Financial Engineering (BIFE 2009) - , China Duration: 24 Jul 2009 → 26 Jul 2009

Conference

Conference	International Conference on Business Intelligence and Financial Engineering (BIFE 2009)
Place	China
Period	24/07/09 → 26/07/09

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title = "Production-inventory cooperation for perishable products in supply chain",

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.",

author = "Dongjie SHEN and LAI, \{Kin Keung\} and M WANG and Liang Liang",

year = "2009",

month = jul,

day = "24",

language = "English",

note = "International Conference on Business Intelligence and Financial Engineering (BIFE 2009) ; Conference date: 24-07-2009 Through 26-07-2009",

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TY - CONF

T1 - Production-inventory cooperation for perishable products in supply chain

AU - SHEN, Dongjie

AU - LAI, Kin Keung

AU - WANG, M

AU - Liang, Liang

PY - 2009/7/24

Y1 - 2009/7/24

N2 - 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.

AB - 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.

M3 - RGC 32 - Refereed conference paper (without host publication)

T2 - International Conference on Business Intelligence and Financial Engineering (BIFE 2009)

Y2 - 24 July 2009 through 26 July 2009

ER -

Production-inventory cooperation for perishable products in supply chain

Abstract

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