Inventory Model with Supply Disruption Risk and Service Level Constraint
Inventory Model with Supply Disruption Risk and Service Level Constraint作者机构:Department of Basic Nanyang Vocational College of Agriculture Nanyang 473000 China Schoolof MatheTnatics and Statistics Henan University of Science and Technology Luoyang 471039 China
出 版 物:《Chinese Quarterly Journal of Mathematics》 (数学季刊(英文版))
年 卷 期:2014年第29卷第3期
页 面:412-418页
学科分类:12[管理学] 1201[管理学-管理科学与工程(可授管理学、工学学位)]
基 金:Supported by the NNSF of China(10971053)
主 题:inventory model disruption risk optimal policy service level
摘 要:We develop a newsvender model with service level constraint for oneproduct and multi-supplier system, where the supplies are susceptible to disruption risks. We prove the convexity of the programming problem,and provide the necessary and sufficient conditions for the optimal order quantities. Through analysis or numerical experiments we observe the effects of the disrupt risk and the service level constraint on the optimal policy. We propose some managerial insights in managing the multi-source supply chain with disruption risks.