Optimal production and rationing decisions in supply chains with information sharing

Boray Huang, Seyed M.R. Iravani*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-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 languageEnglish (US)
Pages (from-to)669-676
Number of pages8
JournalOperations Research Letters
Volume35
Issue number5
DOIs
StatePublished - Sep 2007

Keywords

  • Information sharing
  • Markov decision process
  • Production scheduling
  • Stock rationing
  • Supply chain

ASJC Scopus subject areas

  • Software
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering
  • Applied Mathematics

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