A modified joint inventory policy for VMI systems

International Journal of Information Technology and Decision Making

Volumn 7, Issue 2, 2008, Pages 225-240

  Gou, Qinglong ^a   Liang, Liang ^a   Xu, Chuanyong ^a   Zha, Yong ^a  

^a UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA   (China)

Author keywords

Can order policy; Vendor managed inventory; Vendor retailer coordination

Indexed keywords

EID: 45749136412     PISSN: 02196220     EISSN: None     Source Type: Journal    
DOI: 10.1142/S0219622008002892     Document Type: Article

References (72)

1. E. Arkin, D. Joneja and R. Roundy, Computational complexity of uncapacitated multi-echelon production planning problems, Operations Research Letters 8 (1989) 61-66.
2. J. L. Balintfy, On a basic class of multi-items inventory problems, Management Sci. 10 (1964) 287-297.
3. A. Banerjee and S. Burton, Coordinated vs. independent inventory replenishment policies for a vendor and multiple buyers, Int. J. Production Economics 35 (1994) 215-222.
4. S. Cetinkaya and C. Y. Lee, Stock replenishment and shipment scheduling for vendor-managed inventory systems, Management Sci. 46 (2000) 217-232.
5. S. Cetinkaya and C. Y. Lee, Optimal outbound dispatch policies: Modeling inventory and cargo capacity, Naval Research Logistics 49 (2002) 531-556.
6. S. Cetinkaya, E. Tekin and C. Y. Lee, A stochastic VMI model for joint inventory replenishment and outbound shipment release decisions, Technical Report (2000). Industrial Engineering Dept., Texas A&M University, TX 77843, USA.
7. L. M. A. Chan, A. Muriel, Z. J. Shen, D. Simchi-Levi and C. P. Teo, Effective zero-inventory-ordering policies for the single-warehouse multi-retailer problem with piecewise linear cost structures, Management Sci. 48 (2002) 1446-1460.
8. L. M. A. Chan, A. Muriel, Z. J. Shen and D. Simchi-Levi, On the effectiveness of zero-inventory-ordering policies for the economic lot-sizing model with a class of piecewise linear cost structures, Operations Research 50 (2002) 1058-1067.
9. L. Chen, J. Long and T. Yan, E-supply chain implementation strategies in a transitional economy, Int. J. Infor. Technology & Decision Making 3 (2004) 563-574.
10. M. Diaby and A. Martel, Dynamic lot sizing for multi-echelon distribution-systems with purchasing and transportation price discounts, Operations Research 41 (1993) 48-59.
11. D. Ding and J. Chen, Supply chain coordination with contracts game between complementary suppliers, Int. J. Infor. Technology & Decision Making 6(1) (2007) 163-175.
12. A. Federgruen, H. Groenevelt and H. C. Tijms, Coordinated replenishments in a multi-item inventory system with compound Poisson demands, Management Sci. 30 (1984) 344-357.
13. S. K. Goyal, An integrated inventory model for a single supplier single customer problem, Int. J. Production Research 15 (1976) 107-111.
14. S. K. Goyal, A joint economic-lot-size model for purchaser and vendor: A comment, Decision Sciences 19 (1988) 236-241.
15. S. K. Goyal and Y. P. Gupta, Integrated inventory models: The buyer-vendor coordination, European J. Operational Research 41 (1989) 261-269.
16. S. K. Goyal, On improving the single-vendor single-buyer integrated production inventory model with a generalized policy, European J. Operational Research 125 (2000) 429-430.
17. R. M. Hill, The single-vendor single-buyer integrated production-inventory model with a generalized policy, European J. Operational Research 97 (1997) 493-499.
18. R. M. Hill, The optimal production and shipment policy for the single-vendor single-buyer integrated production-inventory problem, Int. J. Production Research 37(11) (1999) 2463-2475.
19. P. Joglekar and S. Tharthare, The individually responsible and rational decision approach to economic lot sizes for one vendor and many purchasers, Decision Sci. 21 (1990) 492-506.
20. D. Joneja, The joint replenishment problem-new heuristics and worst case performance bounds, Operations Research 38 (1990) 711-723.
21. C. Y. Lee, S. Cetinkaya and W. Jaruphongsa, A dynamic model for inventory lot sizing and outbound shipment scheduling at a third-party warehouse, Operations Research 51 (2003) 735-747.
22. H. L. Lee and M. J. Rosenblatt, A generalized quantity discount pricing model to increase supplier's profit, Management Sci. 32 (1986) 1177-1185.
23. P. Melchiors, Calculating can-order policies for the joint replenishment problem by the compensation approach, European J. Operational Research 141 (2002) 587-595.
24. J. P. Monahan, A quantity discount pricing model to increase vendor profit, Management Sci. 30(6) (1984) 720-726.
25. A. Noorul Haq and G. Kannan, An integrated approach for selecting a vendor using grey relational analysis, Int. J. Information Technology & Decision Making 5 (2006) 277-296.
26. M. Parlar and Z. K. Weng, Designing a firm's coordinated manufacturing and supply decisions with short product life cycles, Management Sci. 43 (1997) 1329-1344.
27. H. Schultz and S. G. Johansen, Can-order policies for coordinated inventory replenishment with Erlang distributed times between ordering, European J. Operational Research 113 (1999) 30-41.
28. B. L. Schwarz, A simple continuous review deterministic one-warehouse N-retailer inventory problem, Management Sci. 19 (1973) 555-566.
29. E. A. Silver, A control system for coordinated inventory replenishment, Int. J. Production Research 12 (1974) 647-670.
30. H. M. Taylor and S. Karlin, An Introduction to Stochastic Modeling, 3rd edn. (Academic Press, San Diego, CA, 1998).
31. J. M. Tien, Data mining requirements for customerized goods and services, Int. J. Infor. Technology & Decision Making 5 (2006) 683-698.
32. A. Toptal, S. Cetinkaya and C. Y. Lee, The buyer-vendor coordination problem: modeling inbound and outbound cargo capacity and costs, IIE Transactions 35 (2003) 987-1002.
33. M. J. G. van Eijs, On the determination of the control parameters of the optimal can-order policy, Mathematical Methods of Operations Research 39 (1994) 289-304.
34. Z. K. Weng, Channel coordination and quantity discount, Management Sci. 41(9) (1995) 1509-1522.
35. W. Zhao and Y. Z. Wang, Coordination of joint pricing-production decisions in a supply chain, IIE Transactions. 34 (2002) 701-715.
36. Y. S. Zheng, Optimal control policy for stochastic inventory system with Markovian discount opportunities, Operations Research 42(4) (1994) 225-240
37. E. Arkin, D. Joneja and R. Roundy, Computational complexity of uncapacitated multi-echelon production planning problems, Operations Research Letters 8 (1989) 61-66.
38. J. L. Balintfy, On a basic class of multi-items inventory problems, Management Sci. 10 (1964) 287-297.
39. A. Banerjee and S. Burton, Coordinated vs. independent inventory replenishment policies for a vendor and multiple buyers, Int. J. Production Economics 35 (1994) 215-222.
40. S. Cetinkaya and C. Y. Lee, Stock replenishment and shipment scheduling for vendor-managed inventory systems, Management Sci. 46 (2000) 217-232.
41. S. Cetinkaya and C. Y. Lee, Optimal outbound dispatch policies: Modeling inventory and cargo capacity, Naval Research Logistics 49 (2002) 531-556.
42. S. Cetinkaya, E. Tekin and C. Y. Lee, A stochastic VMI model for joint inventory replenishment and outbound shipment release decisions, Technical Report (2000). Industrial Engineering Dept., Texas A&M University, TX 77843, USA.
43. L. M. A. Chan, A. Muriel, Z. J. Shen, D. Simchi-Levi and C. P. Teo, Effective zero-inventory-ordering policies for the single-warehouse multi-retailer problem with piecewise linear cost structures, Management Sci. 48 (2002) 1446-1460.
44. L. M. A. Chan, A. Muriel, Z. J. Shen and D. Simchi-Levi, On the effectiveness of zero-inventory-ordering policies for the economic lot-sizing model with a class of piecewise linear cost structures, Operations Research 50 (2002) 1058-1067.
45. L. Chen, J. Long and T. Yan, E-supply chain implementation strategies in a transitional economy, Int. J. Infor. Technology & Decision Making 3 (2004) 563-574.
46. M. Diaby and A. Martel, Dynamic lot sizing for multi-echelon distribution-systems with purchasing and transportation price discounts, Operations Research 41 (1993) 48-59.
47. D. Ding and J. Chen, Supply chain coordination with contracts game between complementary suppliers, Int. J. Infor. Technology & Decision Making 6(1) (2007) 163-175.
48. A. Federgruen, H. Groenevelt and H. C. Tijms, Coordinated replenishments in a multi-item inventory system with compound Poisson demands, Management Sci. 30 (1984) 344-357.
49. S. K. Goyal, An integrated inventory model for a single supplier single customer problem, Int. J. Production Research 15 (1976) 107-111.
50. S. K. Goyal, A joint economic-lot-size model for purchaser and vendor: A comment, Decision Sciences 19 (1988) 236-241.
51. S. K. Goyal and Y. P. Gupta, Integrated inventory models: The buyer-vendor coordination, European J. Operational Research 41 (1989) 261-269.
52. S. K. Goyal, On improving the single-vendor single-buyer integrated production inventory model with a generalized policy, European J. Operational Research 125 (2000) 429-430.
53. R. M. Hill, The single-vendor single-buyer integrated production-inventory model with a generalized policy, European J. Operational Research 97 (1997) 493-499.
54. R. M. Hill, The optimal production and shipment policy for the single-vendor single-buyer integrated production-inventory problem, Int. J. Production Research 37(11) (1999) 2463-2475.
55. P. Joglekar and S. Tharthare, The individually responsible and rational decision approach to economic lot sizes for one vendor and many purchasers, Decision Sci. 21 (1990) 492-506.
56. D. Joneja, The joint replenishment problem-new heuristics and worst case performance bounds, Operations Research 38 (1990) 711-723.
57. C. Y. Lee, S. Cetinkaya and W. Jaruphongsa, A dynamic model for inventory lot sizing and outbound shipment scheduling at a third-party warehouse, Operations Research 51 (2003) 735-747.
58. H. L. Lee and M. J. Rosenblatt, A generalized quantity discount pricing model to increase supplier's profit, Management Sci. 32 (1986) 1177-1185.
59. P. Melchiors, Calculating can-order policies for the joint replenishment problem by the compensation approach, European J. Operational Research 141 (2002) 587-595.
60. J. P. Monahan, A quantity discount pricing model to increase vendor profit, Management Sci. 30(6) (1984) 720-726.
61. A. Noorul Haq and G. Kannan, An integrated approach for selecting a vendor using grey relational analysis, Int. J. Information Technology & Decision Making 5 (2006) 277-296.
62. M. Parlar and Z. K. Weng, Designing a firm's coordinated manufacturing and supply decisions with short product life cycles, Management Sci. 43 (1997) 1329-1344.
63. H. Schultz and S. G. Johansen, Can-order policies for coordinated inventory replenishment with Erlang distributed times between ordering, European J. Operational Research 113 (1999) 30-41.
64. B. L. Schwarz, A simple continuous review deterministic one-warehouse N-retailer inventory problem, Management Sci. 19 (1973) 555-566.
65. E. A. Silver, A control system for coordinated inventory replenishment, Int. J. Production Research 12 (1974) 647-670.
66. H. M. Taylor and S. Karlin, An Introduction to Stochastic Modeling, 3rd edn. (Academic Press, San Diego, CA, 1998).
67. J. M. Tien, Data mining requirements for customerized goods and services, Int. J. Infor. Technology & Decision Making 5 (2006) 683-698.
68. A. Toptal, S. Cetinkaya and C. Y. Lee, The buyer-vendor coordination problem: modeling inbound and outbound cargo capacity and costs, IIE Transactions 35 (2003) 987-1002.
69. M. J. G. van Eijs, On the determination of the control parameters of the optimal can-order policy, Mathematical Methods of Operations Research 39 (1994) 289-304.
70. Z. K. Weng, Channel coordination and quantity discount, Management Sci. 41(9) (1995) 1509-1522.
71. W. Zhao and Y. Z. Wang, Coordination of joint pricing-production decisions in a supply chain, IIE Transactions. 34 (2002) 701-715.
72. Y. S. Zheng, Optimal control policy for stochastic inventory system with Markovian discount opportunities, Operations Research 42(4) (1994) 721-738.