Abstract
This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.
Original language | English |
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Pages (from-to) | 669-676 |
Number of pages | 8 |
Journal | Operations Research Letters |
Volume | 35 |
Issue number | 5 |
Early online date | 4 Jan 2007 |
DOIs | |
Publication status | Published - Sep 2007 |
Keywords
- Information sharing
- Markov decision process
- Production scheduling
- Stock rationing
- Supply chain