Title
Relatively optimal production-distribution plans for stock management in supply chains over a finite time horizon
Authors
[ 1 ] Instytut Zarządzania, Wydział Zarządzania i Dowodzenia, Akademia Sztuki Wojennej | [ 2 ] Polska Akademia Nauk | [ P ] employee
Scientific discipline (Law 2.0)
Year of publication
2020
Published in
Article type
scientific article
Publication language
english
Keywords
PL
- Consignment stock
- Dynamic-production-distribution
- Finite planning horizon
- Locally stable plans
- Two stage supply chain
Abstract
PL A model of the centralized dynamic production - distribution control is considered. In a supply chain a vendor supplies a product to a buyer, sending the products to the buyer's warehouse in equal-size batches. Costs are attached to manufacturing the batch, the delivery of shipment and stockholding at both agents, and defined on production-distribution cycles (PDCs). There is only one production setup in a cycle with the restriction that in each warehouse the beginning and the ending inventory levels are the same. It is shown that the average cost of “sensible” PDCs is a continuous piece-wise convex function of their production batch sizes. For infinite time horizon the optimal production distribution plan is a constant sequence of PDCs with lowest average cost - economic production-distribution cycles (EPDCs).
Date of online publication
13.04.2020
Pages (from - to)
1 - 15
Comments
Bibliografia na stronie 15.
Open Access Mode
publisher's website
Open Access Text Version
final published version
Date of Open Access to the publication
at the time of publication
Ministry points / journal
140
Ministry points / journal in years 2017-2021
140
Impact Factor
5,431
Publication indexed in
Scopus | Web of Science
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