A model for the analysis of procurement strategies in the economic order interval environment

DOI10.1016/j.matcom.2016.10.007OpenAlexW2553068503MaRDI QIDQ2229028

Nima Kazemi, Eleonora Bottani, Ehsan Shekarian, Roberto Montanari

Publication date: 19 February 2021

Published in: Mathematics and Computers in Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.matcom.2016.10.007

zbMATH Keywords

simulation modelsupplier selectioneconomic analysisanalytic modelpurchasing strategy

Mathematics Subject Classification ID

Operations research, mathematical programming (90-XX) Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Uses Software

• Excel

Cites Work

• Comparing sourcing strategies in two-echelon supply chains
• Vendor selection criteria and methods
• Single versus multiple supplier sourcing strategies
• Inventory systems with stochastic demand and supply: properties and approximations
• Continuous-review inventory problem with random supply interruptions
• Vendor selection with price breaks
• Dynamic simulation of the supply chain for a short life cycle product -- lessons from the Tamagotchi case.
• Inventory models with unreliable suppliers in a random environment
• Options procurement policy for option contracts with supply and spot market uncertainty
• Optimal ordering policies and sourcing strategies with supply disruption
• Inventory control.
• TECHNICAL NOTE—Procurement Strategies with Unreliable Suppliers
• An economic order quantity model considering different holding costs for imperfect quality items subject to fuzziness and learning
• Determining the reorder point and order-up-to-level in a periodic review system so as to achieve a desired fill rate and a desired average time between replenishments
• Supply chain design and cost analysis through simulation
• The myopic Order-Up-To policy with a proportional feedback controller
• Single versus multiple sourcing in the presence of risks
• The{Q,r)Inventory System With An Unreliable Supplier

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