Inventory policies for a supplier facing mixed periodic demand in a single-supplier multi-retailer supply chain
by Su-Hwa Wu, Juhwen Hwang
International Journal of Services and Operations Management (IJSOM), Vol. 9, No. 1, 2011

Abstract: Inventory policies are investigated for a supplier facing multiple retailers in a two-echelon supply chain. Given the retailers implement EOQ policy, the order requests released by all retailers form a mixed periodic demand stream to the supplier. We define a unit period and a set of review intervals for the supplier to manage inventory periodically. Method of algorithms and searching procedures are developed to obtain appropriate inventory policy for the supplier. The behaviour of the obtained inventory policy such that the supplier's time-average total cost is minimised repeats for every certain periods and coincides with the sequence of repetitive demand stream. Within certain periods of time, numerical examples have shown the cost performance of the policy obtained by our method compared to those by the Wagner-Whitin algorithm.

Online publication date: Wed, 11-Mar-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Services and Operations Management (IJSOM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com