Periodic review inventory management with contingent use of two freight modes with fixed costs
نویسندگان
چکیده
منابع مشابه
Periodic Review Inventory Management with Contingent Use of Two Freight Modes with Fixed Costs
We study a stochastic inventory model of a firm, that sources the product from a make-to-order manufacturer, and can ship orders by a combination of two freight modes. The two freight modes differ in lead-times, and each has a fixed and a quantity proportional cost for each use. The ordering decisions are made periodically; however, the inventory holding and back-order penalty costs are incurre...
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We analyze a continuous review stochastic inventory model in which orders placed with a make-to-order manufacturer can be shipped via two alternative freight modes differing in lead-time and costs. The costs of placing an order and using each freight mode exhibit economies of scale. We derive an optimal policy for utilizing the two freight modes for shipping each order. This freight mode decisi...
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ژورنال
عنوان ژورنال: Naval Research Logistics (NRL)
سال: 2011
ISSN: 0894-069X
DOI: 10.1002/nav.20451