Multi-period vendor managed inventory systems

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Proceedings of The Second Spanish Congress in Metaheuristics, Evolutive and Bioinspired Algorithms, Gijón, Spain, February 5-7, pp. 257-265
http://hdl.handle.net/10230/791
To cite or link this document: http://hdl.handle.net/10230/791
dc.contributor.author Ribeiro, Rita
dc.contributor.author Ramalhinho-Lourenço, Helena
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.issued 2003-12-01
dc.identifier.citation Proceedings of The Second Spanish Congress in Metaheuristics, Evolutive and Bioinspired Algorithms, Gijón, Spain, February 5-7, pp. 257-265
dc.identifier.uri http://hdl.handle.net/10230/791
dc.description.abstract In this paper we develop two models for an inventory system in which the distributor manages the inventory at the retailers location. These type of systems correspond to the Vendor Managed Inventory (VMI) systems described ib the literature. These systems are very common in many different types of industries, such as retailing and manufacturing, although assuming different characteristics. The objective of our model is to minimize total inventory cost for the distributor in a multi-period multi-retailer setting. The inventory system includes holding and stock-out costs and we study the case whre an additional fixed setup cost is charged per delivery. We construct a numerical experiment to analyze the model bahavior and observe the impact of the characteristics of the model on the solutions.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 724
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Multi-period vendor managed inventory systems
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2014-06-03T07:14:10Z
dc.subject.keyword Business Economics and Industrial Organization
dc.subject.keyword vendor managed inventory systems
dc.subject.keyword logistics
dc.rights.accessRights info:eu-repo/semantics/openAccess


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