Research on Inventory Sharing Policy in Assembly System with Random Demand Time

2012 ◽  
Vol 452-453 ◽  
pp. 833-837
Author(s):  
Huai Xiang Xing ◽  
Xu Guan
Keyword(s):  
Assembly System ◽  
Random Demand ◽  
Inventory Sharing

Research on Inventory Sharing Policy in Assembly System with Random Demand Time

2012 ◽  
Vol 452-453 ◽  
pp. 833-837
Author(s):  
Huai Xiang Xing ◽  
Xu Guan
Keyword(s):  
Supply Chain ◽  
Stackelberg Game ◽  
Supply Chain Coordination ◽  
Assembly System ◽  
Random Demand ◽  
Optimal Decisions ◽  
Simple Mechanism ◽  
Inventory Sharing ◽  
Time Period ◽  
Taking Charge

This paper investigates the inventory sharing policy in an assembly system with random demand time. A Stackelberg game has been built in a similar supply chain setting: manufacturer first decide the length of time period that for supplier taking charge of the inventory, and then followed by supplier chooses a best deliver time to manufacture. The research not only finds out the optimal decisions for both parties but also provide a relatively simple mechanism to achieve the supply chain coordination. The result shows that comparing to the traditional VMI policy, inventory sharing policy is always a better choice no matter for the supply chain or the manufacturer.

Optimal Policy for a Two-Stage Assembly System under Random Demand

1985 ◽  
Vol 33 (5) ◽  
pp. 1130-1145 ◽  
Author(s):  
Charles P. Schmidt ◽  
Steven Nahmias
Keyword(s):  
Optimal Policy ◽  
Assembly System ◽  
Random Demand ◽  
Two Stage

Automatic Assembly System of Strain Gauge Based on Deviation Model

ROBOT ◽  
2013 ◽  
Vol 35 (5) ◽  
pp. 589
Author(s):  
Dechun ZHENG ◽  
Yongping ZHANG ◽  
Guojun LI
Keyword(s):  
Strain Gauge ◽  
Assembly System ◽  
Automatic Assembly
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