relation: https://digilib.uin-suka.ac.id/id/eprint/39121/
title: One vendor-one retailer in vendor managed inventory problem with stochastic demand
creator: Pramudyo, Cahyono Sigit
subject: Sains
description: One of the basic problems in supply chain operation is lack of  information exchanges related to inventory between vendor and retailer. Vendor managed inventory (VMI) provides a good approach to handle this problem. VMI has been proven to reduce cost and improve customer service level. This research aim is to develop a VMI model for the system with one vendor and one retailer to minimise the total system cost. The model is  developed for (t, q) policy where the retailer’s cycle time is fixed. Due to the complexity nature of the model, simulation-optimisation using genetic algorithm is employed to determine the decision variables which are the retailer’s lot size, the vendor’s lot size, and the number of replenishments in a  vendor cycle. Numerical experiments are conducted to show how the proposed model works. Sensitivity analysis is also conducted to understand the effects of some input parameters.
publisher: Inderscience Publishers
date: 2017-01-11
type: Article
type: PeerReviewed
format: text
language: en
identifier: https://digilib.uin-suka.ac.id/id/eprint/39121/7/IJISE%20Edisi%2027%20%281%29%202017%20Digilib.pdf
identifier:   Pramudyo, Cahyono Sigit  (2017) One vendor-one retailer in vendor managed inventory problem with stochastic demand.  International Journal Industrial and Systems Engineering,, 27 (1).  pp. 90-106.  ISSN Print ISSN: 1748-5037 Online ISSN: 1748-5045     
relation: https://www.inderscienceonline.com/loi/ijise
relation: DOI: 10.1504/IJISE.2017.085756