COORDINATION OF PRODUCTION/ ORDER POLICY FOR A SINGLE VENDOR SINGLE BUYER CHAIN WITH STOCHASTIC DEMAND

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JAFARI DAVOUD; MOATTAR HUSSEINI S.M.; FAZEL ZARANDI M.H.

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Journal: JOURNAL OF MECHANICAL ENGINEERING AMIRKABIR (AMIRKABIR) Year:2009 | Volume:41 | Issue:1 Page(s): 77-86

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Title

COORDINATION OF PRODUCTION/ ORDER POLICY FOR A SINGLE VENDOR SINGLE BUYER CHAIN WITH STOCHASTIC DEMAND

Author(s)

JAFARI DAVOUD | MOATTAR HUSSEINI S.M. | FAZEL ZARANDI M.H. | Issue Writer Certificate

Keywords

SUPPLY CHAINQ3

COORDINATIONQ2

SINGLE VENDOR/SINGLE BUYERQ3

PRODUCTION-ORDERQ3

STOCHASTIC DEMANDQ3

DISCOUNT MECHANISMQ3

Abstract

Coordination is an important function in SUPPLY CHAIN management (SCM) to provide better competitive capability of the chain. COORDINATION through vendor-buyer negotiation is an area which has received great research attention in particular in modem systems. In this study, a number of methods, including those based on price discount and cost minimization models have been suggested in the literature. Mathematical models developed to determine economic order/production lot size for a "single vendor single buyer" STOCHASTIC DEMAND situation are proposed. These models consider both independent and joint decisions for chain member. Through considering price discounts it is suggested a vendor buyer COORDINATION mechanism to reach the most appropriate decision. For this, a solution algorithm has been detailed in the paper. Numerical study is also provided to illustrate the effectiveness of the proposed method.

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APA: Copy

JAFARI, DAVOUD, MOATTAR HUSSEINI, S.M., & FAZEL ZARANDI, M.H.. (2009). COORDINATION OF PRODUCTION/ ORDER POLICY FOR A SINGLE VENDOR SINGLE BUYER CHAIN WITH STOCHASTIC DEMAND. JOURNAL OF MECHANICAL ENGINEERING AMIRKABIR (AMIRKABIR), 41(1), 77-86. SID. https://sid.ir/paper/165911/en

Vancouver: Copy

JAFARI DAVOUD, MOATTAR HUSSEINI S.M., FAZEL ZARANDI M.H.. COORDINATION OF PRODUCTION/ ORDER POLICY FOR A SINGLE VENDOR SINGLE BUYER CHAIN WITH STOCHASTIC DEMAND. JOURNAL OF MECHANICAL ENGINEERING AMIRKABIR (AMIRKABIR)[Internet]. 2009;41(1):77-86. Available from: https://sid.ir/paper/165911/en

IEEE: Copy

DAVOUD JAFARI, S.M. MOATTAR HUSSEINI, and M.H. FAZEL ZARANDI, “COORDINATION OF PRODUCTION/ ORDER POLICY FOR A SINGLE VENDOR SINGLE BUYER CHAIN WITH STOCHASTIC DEMAND,” JOURNAL OF MECHANICAL ENGINEERING AMIRKABIR (AMIRKABIR), vol. 41, no. 1, pp. 77–86, 2009, [Online]. Available: https://sid.ir/paper/165911/en

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