Abstract
In a vendor-managed inventory (VMI) system consisting of one supplier two-distributors with different determined demand, two replenishment policies are discussed. In the first replenishment policy, the replenishment time and number of two-distributors are not coordinated, while in the second one, the method of integer-ratio time coordinatio that the replenishment interval for the supplier is an integer multiple of that for the distributors is applied. Finally, a numerical example is presented to verify the effect of the two replenishment policies. Results show that the method of integer-ratio time coordination is prior to uncoordinated policy.
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Acknowledgements
This paper is supported by the National Social Science Fund (No.12BJY020),Hunan Provincial Philosophy & Society Science Foundation, China (No. Xiang Zhe She Ling [2011]13, 3CGB002), Changsha University Talent Project (No. SF1213).
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Quan, C., Zou, A., Dai, E., Cheng, X. (2015). Discuss on the Stock Replenishment of VMI With One Supplier and Two-Distributors. In: Zhang, Z., Shen, Z., Zhang, J., Zhang, R. (eds) LISS 2014. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-43871-8_21
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DOI: https://doi.org/10.1007/978-3-662-43871-8_21
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