One-for-one-period ordering policy for inventory systems with unidirectional lateral transshipments

Haji, Rasoul; Tayebi, Hamed; Jeddi, Babak

doi:10.1007/s00170-013-5363-5

Cited by 5 publications

(1 citation statement)

References 11 publications

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“…Recently, another extension of the model with two stock points was developed such that each stock point replenishes multiple groups of retailers ordered by their importance (VanWijk et al 2018). In Haji et al (2014) a supply chain with one supplier and two retailers was considered such that one of retailers has less Poisson demand than another one and can cover it in emergency conditions under (1, T) and (s-1, s) polices. Also, Olsson (2015) developed a METRIC 1 (Sherbrooke, 2004) inspired method to modeling the inventory of two locations with lateral transshipments.…”

Section: Literature Reviewmentioning

confidence: 99%

A Multi Echelon Location-Inventory Model with Lateral Transshipment

Gholamian

Nasri

2019

OSCM: An Int. Journal

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In this research, a supply chain system consisting producer, distribution centers and retailers is modeled by considering lateral transshipment between distribution centers and also using echelon-based inventory system instead of independent inventory system. The model is developed in the form of mixed integer non-linear programming (MINLP) to minimize the total location, transportation, and inventory costs of the system. The model was solved using conic programming approach and validity was examined by comparing the developed model with the basic model (i.e. the model without the contributions) in several instances with different sizes of distributors and retailers. The results represent superiority of the developed model in computational time and objective value especially in medium and large-scale problems.

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Section: Literature Reviewmentioning

confidence: 99%