A SELLER-BUYER SUPPLY CHAIN MODEL WITH EXPONENTIAL DISTRIBUTION LEAD TIME

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BAHRI MEHRAB; TAROKH MOHAMMAD JAFAR

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Journal Paper

Paper Information

Journal: JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL Year:2012 | Volume:8 | Issue:8 Page(s): 1-7

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Information Journal Paper

Title

A SELLER-BUYER SUPPLY CHAIN MODEL WITH EXPONENTIAL DISTRIBUTION LEAD TIME

Author(s)

BAHRI MEHRAB | TAROKH MOHAMMAD JAFAR | Issue Writer Certificate

Keywords

INTEGRATED INVENTORY MODEL

STOCHASTIC LEAD TIME

SUPPLY CHAIN COORDINATION

COST

OPTIMIZATION

Abstract

Supply chain is an accepted way of remaining in the competition in today's rapidly changing market. This paper presents a coordinated seller-buyer supply chain model in two stages, which is called Joint Economic Lot Sizing (JELS) in literature. The delivery activities in the supply chain consist of a single raw material. We assume that the delivery lead time is stochastic and follows an exponential distribution. Also, the shortage during the lead time is permitted and completely back-ordered for the buyer. With these assumptions, the annual COST function of JELS is minimized. At the end, a numerical example is presented to show that the integrated approach considerably improves the COSTs in comparison with the independent decisions by seller and buyer.

Cites

References

THEORETICAL AND PRACTICAL STUDY OF SUPPLY CHAIN COORDINATION

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APA: Copy

BAHRI, MEHRAB, & TAROKH, MOHAMMAD JAFAR. (2012). A SELLER-BUYER SUPPLY CHAIN MODEL WITH EXPONENTIAL DISTRIBUTION LEAD TIME. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, 8(8), 1-7. SID. https://sid.ir/paper/309891/en

Vancouver: Copy

BAHRI MEHRAB, TAROKH MOHAMMAD JAFAR. A SELLER-BUYER SUPPLY CHAIN MODEL WITH EXPONENTIAL DISTRIBUTION LEAD TIME. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL[Internet]. 2012;8(8):1-7. Available from: https://sid.ir/paper/309891/en

IEEE: Copy

MEHRAB BAHRI, and MOHAMMAD JAFAR TAROKH, “A SELLER-BUYER SUPPLY CHAIN MODEL WITH EXPONENTIAL DISTRIBUTION LEAD TIME,” JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, vol. 8, no. 8, pp. 1–7, 2012, [Online]. Available: https://sid.ir/paper/309891/en

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