Optimal production and rationing decisions in supply chains with information sharing

Boray Huang; Seyed MR Iravani

doi:10.1016/j.orl.2006.10.010

Optimal production and rationing decisions in supply chains with information sharing

Boray Huang, Seyed MR Iravani^*

^*Corresponding author for this work

Industrial Engineering and Management Sciences

Research output: Contribution to journal › Article › peer-review

16 Scopus citations

Abstract

This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.

Original language	English (US)
Pages (from-to)	669-676
Number of pages	8
Journal	Operations Research Letters
Volume	35
Issue number	5
DOIs	https://doi.org/10.1016/j.orl.2006.10.010
State	Published - Sep 1 2007

Keywords

Information sharing
Markov decision process
Production scheduling
Stock rationing
Supply chain

ASJC Scopus subject areas

Management Science and Operations Research
Statistics, Probability and Uncertainty
Discrete Mathematics and Combinatorics
Modeling and Simulation

Access to Document

10.1016/j.orl.2006.10.010

Fingerprint Dive into the research topics of 'Optimal production and rationing decisions in supply chains with information sharing'. Together they form a unique fingerprint.

Cite this

@article{abace1dd446a4ae7bd4890244930231b,

title = "Optimal production and rationing decisions in supply chains with information sharing",

abstract = "This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.",

keywords = "Information sharing, Markov decision process, Production scheduling, Stock rationing, Supply chain",

author = "Boray Huang and Iravani, {Seyed MR}",

year = "2007",

month = sep,

day = "1",

doi = "10.1016/j.orl.2006.10.010",

language = "English (US)",

volume = "35",

pages = "669--676",

journal = "Operations Research Letters",

issn = "0167-6377",

publisher = "Elsevier",

number = "5",

}

TY - JOUR

T1 - Optimal production and rationing decisions in supply chains with information sharing

AU - Huang, Boray

AU - Iravani, Seyed MR

PY - 2007/9/1

Y1 - 2007/9/1

N2 - This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.

AB - This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.

KW - Information sharing

KW - Markov decision process

KW - Production scheduling

KW - Stock rationing

KW - Supply chain

UR - http://www.scopus.com/inward/record.url?scp=34547692520&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=34547692520&partnerID=8YFLogxK

U2 - 10.1016/j.orl.2006.10.010

DO - 10.1016/j.orl.2006.10.010

M3 - Article

AN - SCOPUS:34547692520

VL - 35

SP - 669

EP - 676

JO - Operations Research Letters

JF - Operations Research Letters

SN - 0167-6377

IS - 5

ER -