Lot-sizing algorithm for a coordinated multi-item, multi-source distribution problem

Article Abstract:

A model for the determination of optimal lot-sizes for multiple items involving several retailers and warehouses is presented. The model assumes that referral demands for items are constant, continuous and predictable. A fixed set-up cost is incurred by each production/warehouse facility and any canceled stock entails higher holding costs. A product-based replenishment policy where cost is less than 2% above the cost of all feasible policies is formulated.

Distribution of goods, Distribution (Commerce), Inventory control, Economic lot size

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Modelling and simulation of a supply chain in an uncertain environment

Article Abstract:

Fuzzy modelling and simulation of a supply chain (SC) in an uncertain environment involves consideration of SC fuzzy models and the SC simulator. Consideration of such permits the study of dynamic behavior of a serial SC in an uncertain environment. Under the SC simulator, a dynamic view of the SC is attained and the influence of decisions proposed by the SC fuzzy models on SC performance is evaluated.

Management Functions, Simulation methods, Simulation, Set theory, Fuzzy sets

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Coordinated stocking, clearance sales, and return policies for a supply chain

Article Abstract:

Research examining the effects of inter-organizational coordination in the process of clearance sales, return and inventory control for a channel of distribution consisting of a retailer, a supplier and a Discount Sales Outlet is presented.

Marketing, Distribution channels

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