A technical note on "Optimizing inventory decisions in a multi-stage multi-customer supply chain"

Kit Nam Francis Leung

Transportation Research Part E: Logistics and Transportation Review, 2009, vol. 45, issue 4, 572-582

Abstract: We first generalize Khouja [Khouja, M., 2003. Optimizing inventory decisions in a multi-stage multi-customer supply chain. Transportation Research Part E: Logistics and Transportation Review 39 (3), 193-208] integrated model considering the integer multipliers mechanism and next individually derive the optimal solution to the three- and four-stage model using the perfect squares method, which is a simple algebraic approach so that ordinary readers unfamiliar with differential calculus can understand the optimal solution procedure with ease. We subsequently deduce the optimal expressions for Khouja (2003) and Cárdenas-Barrón [Cárdenas-Barrón, L.E., 2007. Optimal inventory decisions in a multi-stage multi-customer supply chain: a note. Transportation Research Part E: Logistics and Transportation Review 43 (5), 647-654] model, and identify the associated errors in Khouja (2003). We present two numerical examples for illustrative purposes. We finally shed light on some future research by extending or modifying the generalized model.

Keywords: Inventory; Production; Without; derivatives; The; perfect; squares; method (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554509000209
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:45:y:2009:i:4:p:572-582

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().