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A study on Inventory Policy (s, S) in the Supply Chain Management with Uncertain Demand and Lead Time

원문정보

불확실한 수요와 리드타임을 갖는 공급사슬에서 (s,S) 재고정책에 관한 연구

Jae-Hyun Han, Jeong, Suk-Jae

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초록

영어

As customers' demands for diversified small-quantity products have been increased, there have been great efforts for a firm to respond to customers' demands flexibly and minimize the cost of inventory at the same time. To achieve that goal, in SCM perspective, many firms have tried to control the inventory efficiently. We present an mathematical model to determine the near optimal (s, S) policy of the supply chain, composed of multi suppliers, a warehouse and multi retailers. (s, S) policy is to order the quantity up to target inventory level when inventory level falls below the reorder point. But it is difficult to analyze inventory level because it is varied with stochastic demand of customers. To reflect stochastic demand of customers in our model, we do the analyses in the following order. First, the analysis of inventory in retailers is done at the mathematical model that we present. Then, the analysis of demand pattern in a warehouse is performed as the inventory of a warehouse is much effected by retailers' order. After that, the analysis of inventory in a warehouse is followed. Finally, the integrated mathematical model is presented. It is not easy to get the solution of the mathematical model, because it includes many stochastic factors. Thus, we get the solutions after the stochastic demand is approximated, then they are verified by the simulations.

목차

Abstract
 1. Introduction
 2. Literature Review
 3. Model Description
 4. Model Analysis
  4.1 Inventory analysis in retailers
  4.2 Demand Structure in Warehouse
  4.3 Inventory Analysis in the Warehouse
  4.4 Overall Inventory Cost Model
 5. Simulation Experiments
  5.1 Simulation Model
  5.2 Experimental Results
 6. Conclusion
 7. Reference

저자정보

  • Jae-Hyun Han 한재현. 광운대학교 경영학부
  • Jeong, Suk-Jae 정석재. 광운대학교 경영학부

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자료제공 : 네이버학술정보

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