A Single Supplier Procurement Model With Random Yield

نویسنده

چکیده مقاله:

In this paper, we develop a procedure for selecting a supplier. Suppliers are characterized by their lead time, price and quality (random yield). Each purchased item is acceptable with a given probability and independent of the others. We assume the demands are deterministic with no set-up cost and backordering is allowed. For each supplier, an optimal ordering policy is developed. We prove the optimal policy is myopic if the value of items remains constant.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Electronic Procurement: Dealing with Supplier Adoption

I Acknowledgments I would like to thank all the people that helped me in this project: Thank you to Professor Bráulio Alturas for their guidance and exceptional support. To my company PT-SI for all their openness and contribution during the master. To Ana for their support, patience and dissertation review. To Tiago for his suggestions and for providing me other points of view especially in the...

متن کامل

Single-Setup-Multiple-Deliveries for a Single Supplier-Single Buyer with Single Product and Backorder

  This article investigates integrated production-inventory models with backorder. A single supplier and a single buyer are considered and shortage as backorder is allowed for the buyer. The proposed models determine optimal order quantity, optimal backorder quantity and optimal number of deliveries on the joint total cost for both buyer and supplier. Two cases are discussed: single-setup-singl...

متن کامل

Supplier Selection in E-Procurement

In today’s competitive business world, it is extremely important for decision makers to have access to decision support tools in order to make quick, right and accurate decisions. One of these decision making areas is supplier selection in e-procurement. Supplier selection is a multi-criteria decision making problem that deals with the optimization of conflicting objectives such as quality, cos...

متن کامل

Procurement Auction with Supplier Coalitions: Validity Requirements and Mechanism Design

We study the formation of supplier coalitions in the context of a buyer-centric procurement market. Considered under a second-price descending seal-bid auction, we propose a two-stage auction mechanism that allows suppliers to form coalitions with one another. Building on the foundations of core games and bidding-rings, we explore the idea of “managed collusion” which provides a means to enhanc...

متن کامل

Supplier diversification under binomial yield

February, 2008 We consider supplier diversification in an EOQ type inventory setting with multiple suppliers under binomial yield and zero leadtimes. We characterize the optimal policy for the model and show that, in this case, it does not pay to diversify and it is better to use a sole supplier. This result constitutes a contrast with the previous ones in the literature assuming various yield ...

متن کامل

A Single-Supplier, Multiple-Retailer Model with Single-Season, Multiple-Ordering Opportunities, and Fixed Ordering Cost

In this paper, we discuss the replenishment decision of seasonal products in a two-echelon distribution system consisting of a supplier and multiple retailers. Due to long manufacturing lead time, the supplier orders its entire stock for the season well in advance. The retailers, on the other hand, can replenish their inventory from the supplier throughout the season as demand realizes. Demand ...

متن کامل

منابع من

با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ذخیره در منابع من قبلا به منابع من ذحیره شده

{@ msg_add @}


عنوان ژورنال

دوره 6  شماره 2

صفحات  95- 108

تاریخ انتشار 1993-08-01

با دنبال کردن یک ژورنال هنگامی که شماره جدید این ژورنال منتشر می شود به شما از طریق ایمیل اطلاع داده می شود.

میزبانی شده توسط پلتفرم ابری doprax.com

copyright © 2015-2023