Minimizing Customer Response Time in a Two-Echelon Supply Chain System with Stochastic Demand
نویسندگان
چکیده
We consider customer response time minimization in a two-echelon supply chain system with stochastic demand where the first echelon consists of one production plant and the other of one retailer. Traditionally models of this type only seek to minimize traditional operating costs. However, because of the highly competitive nature of the market, it is also essential for the manufacturer to respond quickly to customer demand. Therefore we propose stochastic supply chain models that optimize both cost and responsiveness in an uncertain demand setting.
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