A buyer-vendor EOQ model with changeable lead-time in supply chain

J. M. Hsiao, Chinho Lin

Research output: Contribution to journalArticle

15 Citations (Scopus)

Abstract

In this paper, we discuss a EOQ model on Stackelberg game in supply chain, that is, a distribution channel system contains one supplier and a single retailer, and the supplier in the channel holds monopolistic status, in which he not only owns cost information about the retailer but also has the decision-making right of the lead time. Under this circumstance, the optimal lead time and order cycle time of the supplier and the retailer, respectively, are investigated, and approximate solutions for then are derived. The analysis is made by numerical data that it's likely to bring the supplier and the retailer profits and losses by controlling the lead time.

Original languageEnglish
Pages (from-to)917-921
Number of pages5
JournalInternational Journal of Advanced Manufacturing Technology
Volume26
Issue number7-8
DOIs
Publication statusPublished - 2005 Oct 1

Fingerprint

Supply chains
Profitability
Lead
Decision making
Costs

All Science Journal Classification (ASJC) codes

  • Control and Systems Engineering
  • Software
  • Mechanical Engineering
  • Computer Science Applications
  • Industrial and Manufacturing Engineering

Cite this

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A buyer-vendor EOQ model with changeable lead-time in supply chain. / Hsiao, J. M.; Lin, Chinho.

In: International Journal of Advanced Manufacturing Technology, Vol. 26, No. 7-8, 01.10.2005, p. 917-921.

Research output: Contribution to journalArticle

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