Integrated inventory model with lot size, production rate and lead time interactions / Huaming Song in International journal of management science and engineering management, Vol. 5 N° 2 (Avril 2010)  

Public ISBD [article]  inInternational journal of management science and engineering management > Vol. 5 N° 2 (Avril 2010) . - pp.141-148 Titre : Integrated inventory model with lot size, production rate and lead time interactions Type de document : texte imprimé Auteurs : Huaming Song, Auteur ; Hui Yang, Auteur ; Jianqiang Luo, Auteur Année de publication : 2011 Article en page(s) : pp.141-148 Note générale : Management Langues : Anglais (eng) Mots-clés : Integrated inventory model Controllable production rate Lead time reduction Interactions Résumé : Under the assumption that the replenishment lead time is dependent on both lot size of the buyer and production rate of the vendor, an integrated production inventory model is presented in this paper. The decision-making interaction of lead time between a buyer and a vendor in the integrated inventory model is analyzed. In terms of the model, a solution procedure has been developed to obtain the efficient ordering strategy for a manufacturing company. The numerical examples are employed to validate the solution procedure. Specifically, from the results of numerical examples, it can be shown that, the significant savings can be achieved for the supply chain through joint decision with lot size, production rate and lead time interactions. DEWEY : 658 ISSN : 1750-9653 En ligne : http://www.ijmsem.org/OnlineJournal.do/?127.html [article] Integrated inventory model with lot size, production rate and lead time interactions [texte imprimé] / Huaming Song, Auteur ; Hui Yang, Auteur ; Jianqiang Luo, Auteur . - 2011 . - pp.141-148. Management Langues : Anglais (eng) in International journal of management science and engineering management > Vol. 5 N° 2 (Avril 2010) . - pp.141-148 Mots-clés : Integrated inventory model Controllable production rate Lead time reduction Interactions Résumé : Under the assumption that the replenishment lead time is dependent on both lot size of the buyer and production rate of the vendor, an integrated production inventory model is presented in this paper. The decision-making interaction of lead time between a buyer and a vendor in the integrated inventory model is analyzed. In terms of the model, a solution procedure has been developed to obtain the efficient ordering strategy for a manufacturing company. The numerical examples are employed to validate the solution procedure. Specifically, from the results of numerical examples, it can be shown that, the significant savings can be achieved for the supply chain through joint decision with lot size, production rate and lead time interactions. DEWEY : 658 ISSN : 1750-9653 En ligne : http://www.ijmsem.org/OnlineJournal.do/?127.html

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