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dc.creatorLeopoldo Eduardo Cárdenas Barrón
dc.date2011
dc.date.accessioned2018-10-18T20:12:54Z
dc.date.available2018-10-18T20:12:54Z
dc.identifier.issn8957177
dc.identifier.doi10.1016/j.mcm.2010.11.056
dc.identifier.urihttp://hdl.handle.net/11285/630325
dc.descriptionIn the past, economic order quantity (EOQ) and economic production quantity (EPQ) were treated independently from the viewpoints of the buyer or the vendor. In most cases, the optimal solution for one player was non-optimal to the other player. In today's competitive markets, close cooperation between the vendor and the buyer is necessary to reduce the joint inventory cost and the response time of the vendor-buyer system. The successful experiences of National Semiconductor, Wal-Mart, and Procter and Gamble have demonstrated that integrating the supply chain has significantly influenced the company's performance and market share (Simchi-Levi et al. (2000) [1]). Recently, Yang et al. (2007) [2] presented an inventory model to determine the economic lot size for both the vendor and buyer, and the number of deliveries in an integrated two stage supply chain. In this paper, we present an alternative approach to determine the global optimal inventory policy for the vendor-buyer integrated system using arithmetic-geometric inequality. © 2010 Elsevier Ltd.
dc.languageeng
dc.relationhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-78751634651&doi=10.1016%2fj.mcm.2010.11.056&partnerID=40&md5=61f9e8984016ae22956cea23ad214392
dc.relationInvestigadores
dc.relationEstudiantes
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0
dc.sourceMathematical and Computer Modelling
dc.subjectAlgebraic optimization
dc.subjectAlternative approach
dc.subjectBuyer systems
dc.subjectCompetitive markets
dc.subjectEconomic order quantity
dc.subjectEconomic production quantity
dc.subjectGeometric inequalities
dc.subjectIntegrated inventory
dc.subjectIntegrated production-inventory model
dc.subjectIntegrated systems
dc.subjectInventory costs
dc.subjectInventory models
dc.subjectInventory policies
dc.subjectLot size
dc.subjectMarket share
dc.subjectNational Semiconductors
dc.subjectOptimal solutions
dc.subjectProcter and gambles
dc.subjectResponse time
dc.subjectTwo stage
dc.subjectWalmart
dc.subjectAlgebra
dc.subjectCompetition
dc.subjectGeometry
dc.subjectIntegrated optics
dc.subjectInventory control
dc.subjectOptimization
dc.subjectSales
dc.subjectSupply chain management
dc.subjectSupply chains
dc.subject.classification7 INGENIERÍA Y TECNOLOGÍA
dc.titleSolving the vendor-buyer integrated inventory system with arithmetic-geometric inequality
dc.typeArtículo
dc.identifier.volume53
dc.identifier.issue06-may
dc.identifier.startpage991
dc.identifier.endpage997
refterms.dateFOA2018-10-18T20:12:54Z


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