TITLE:
Research on Supply Chain Inventory Optimization and Benefit Coordination with Controllable Lead Time
AUTHORS:
Fei Ye, Yi-Na Li, Xue-Jun Xu, Jianhui Zhao
KEYWORDS:
Supply Chain Inventory Model, Controllable Lead Time, Shapely Value, MCRS Method
JOURNAL NAME:
Journal of Service Science and Management,
Vol.1 No.1,
June
10,
2008
ABSTRACT: In this paper, we propose two supply chain inventory models with controllable lead time, the first is proposed under centralized decision mode and the other is proposed under decentralized decision mode. The solution procedures are also suggested to get the optimal solutions. In addition, taking individual rationality into consideration, Shapely value method and MCRS method are used to coordinate the benefits of the vendor and the buyer. Numerical example is given to illustrate the results of the proposed models.