Investing in lead-time variability reduction in a collaborative vendor–buyer supply chain model with stochastic lead time

2016 ◽  
Vol 72 ◽  
pp. 43-49 ◽  
Author(s):  
Hsien-Jen Lin
Keyword(s):  
Supply Chain ◽  
Lead Time ◽  
Time Variability ◽  
Chain Model ◽  
Stochastic Lead Time ◽  
Supply Chain Model

scholarly journals Single vendor-buyer model with deterministic demand, stochastic lead time and multi-quality degradation

2021 ◽  
Author(s):  
Sepehr Habibollahi
Keyword(s):  
Supply Chain ◽  
Lead Time ◽  
Cold Chain ◽  
Chain Model ◽  
Green Beans ◽  
Perishable Product ◽  
Stochastic Lead Time ◽  
Deterministic Demand ◽  
Quality Degradation ◽  
Supply Chain Model

This report examines the supply chain strategies for a specific perishable product, or fresh produce and uses green beans as an example. The quality of the products which are in direct correlation with the value of the product are put into the supply chain model, this type of model is also known as “cold chain”. This report in addition to recent researches in cold chain, looks into multi aspect quality degradation and a stochastic lead time from warehouse to retailer. This model developed creates greater insight into the supply chain strategies of such products.

scholarly journals Single vendor-buyer model with deterministic demand, stochastic lead time and multi-quality degradation

2021 ◽  
Author(s):  
Sepehr Habibollahi
Keyword(s):  
Supply Chain ◽  
Lead Time ◽  
Cold Chain ◽  
Chain Model ◽  
Green Beans ◽  
Perishable Product ◽  
Stochastic Lead Time ◽  
Deterministic Demand ◽  
Quality Degradation ◽  
Supply Chain Model

This report examines the supply chain strategies for a specific perishable product, or fresh produce and uses green beans as an example. The quality of the products which are in direct correlation with the value of the product are put into the supply chain model, this type of model is also known as “cold chain”. This report in addition to recent researches in cold chain, looks into multi aspect quality degradation and a stochastic lead time from warehouse to retailer. This model developed creates greater insight into the supply chain strategies of such products.

scholarly journals Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty

2020 ◽  
Author(s):  
Sumon Sarkar ◽  
B. C. Giri
Keyword(s):  
Supply Chain ◽  
Lead Time ◽  
Demand Uncertainty ◽  
Trade Credit ◽  
Chain Model ◽  
Order Quantity ◽  
Optimal Decisions ◽  
Solution Algorithms ◽  
Supply Chain Model ◽  
Credit Financing

The paper investigates a two-echelon production-delivery supply chain model for products with stochastic demand and backorder-lost sales mixture under trade-credit financing. The manufacturer delivers the retailer's order quantity in a number of equal-sized shipments. The replenishment lead-time is such that it can be crashed to a minimum duration at an additional cost that can be treated as an investment. Shortages in the retailer's inventory are allowed to occur and are partially backlogged with a backlogging rate dependent on customer's waiting time. Moreover, the manufacturer offers the retailer a credit period which is less than the reorder interval. The model is formulated to find the optimal solutions for order quantity, safety factor, lead time, and the number of shipments from the manufacturer to the retailer in light of both distribution-free and known distribution functions. Two solution algorithms are provided to obtain the optimal decisions for the integrated system. The effects of controllable lead time, backorder rate and trade-credit financing on optimal decisions are illustrated through numerical examples.

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