A supplement to "A generalized algebraic model for optimizing inventory decisions in a centralized or decentralized multi-stage multi-firm supply chain"

Kit Nam Francis Leung

Transportation Research Part E: Logistics and Transportation Review, 2011, vol. 47, issue 5, 778-790

Abstract: In this supplement, a number of integrated models under the integer multiplier coordination mechanism is generalized by allowing complete backorders penalized by not only linear but also fixed costs for some/all retailers. The optimal solution to such a three-stage generalized model is algebraically derived, from which optimal expressions for some well-known models are deduced. In addition, an expression for sharing the coordination benefits is modified, and a numerical example for illustrative purposes is presented. A ready future research work involving extension of the generalized model is suggested to conclude the supplement.

Keywords: Production-inventory; Lot; streaming; Inspection; Complete; backorders; The; complete/perfect; squares; method (search for similar items in EconPapers)
Date: 2011
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