This paper presents the mathematical derivation of a new generation of the most largely used periodic review policy in supply chain: the coordinated (S, R) replenishment rule. We first derive the classical order-up-to model and then we modify it to generate the coordinated decision policy equations. We run a numerical simulation on a serial supply chain model to show differences in the two policies. We conclude on the managerial implications related to coordinated replenishment.
|Titolo:||Up-to-Date Supply Chain Management: The Coordinated (S, R) Order-Up-to|
|Data di pubblicazione:||2011|
|Appare nelle tipologie:||2.1 Contributo in volume (Capitolo o Saggio)|