6533b828fe1ef96bd1288e22

RESEARCH PRODUCT

Up-to-Date Supply Chain Management: The Coordinated (S, R) Order-Up-to

Salvatore CannellaElena Ciancimino

subject

Supply chain risk managementMathematical optimizationSupply chain managementComputer simulationComputer scienceOrder up toSupply chain modelBullwhip effectInformation sharingSupply chain

description

This paper presents the mathematical derivation of a new generation of the most largely used periodic review policy in supply chain: the coordinated (S, R) replenishment rule. We first derive the classical order-up-to model and then we modify it to generate the coordinated decision policy equations. We run a numerical simulation on a serial supply chain model to show differences in the two policies. We conclude on the managerial implications related to coordinated replenishment.

yearjournalcountryeditionlanguage
2011-01-01
https://doi.org/10.1007/978-3-642-12494-5_16