Relatively optimal production-distribution plans for stock management in supply chains over a finite time horizon
[ 1 ] Instytut Zarządzania, Wydział Zarządzania i Dowodzenia, Akademia Sztuki Wojennej | [ 2 ] Polska Akademia Nauk | [ P ] pracownik
2020
artykuł naukowy
angielski
- Consignment stock
- Dynamic-production-distribution
- Finite planning horizon
- Locally stable plans
- Two stage supply chain
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).
13.04.2020
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