Title :
Notice of Retraction
A new integrated VMI-based model for single vendor and multiple buyers with ordering cost reduction
Author :
Zhenkun Tu ; Xinbao Liu
Author_Institution :
Sch. of Math., Hefei Univ. of Technol., Hefei, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
In recent years, there have been many studies on the VMI strategies, ordering cost reduction strategy,shipment strategy respectively. In this paper, an integrated model is proposed for a single vendor and multiple different buyers who are simultaneously replenished with goods in one cycle, using the three strategies. Numerical example is provided to illustrate the problem and its results show that the joint total cost per unit time of the supply chain can be substantially saved by three strategies.
Keywords :
cost reduction; inventory management; numerical analysis; order processing; supply chain management; VMI-based model; numerical example; ordering cost reduction; supply chain; vendor managed inventory; integrated model; multiple buyers; ordering cost reduction; vendor; vendor-managed inventory;
Conference_Titel :
Advanced Management Science (ICAMS), 2010 IEEE International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6931-4
DOI :
10.1109/ICAMS.2010.5553234
