Title :
A Study of Stackelberg Inventory Model with Vendor-Buyer Interaction on Lead Time
Author :
Song, Hua-Ming ; Zhao, Zi-Qiang
Author_Institution :
Sch. of Economic Manage., Nanjing Univ. of Sci. & Technol., Nanjing, China
Abstract :
A stackelberg inventory model taking vendor-buyer interaction in lead time into account is developed in this paper. In this supply chain both parties involved in the lead time decision-making; and the assumption of the lot-for-lot policy of the vendor is relaxed, from this way, the model is more practical. An iterative algorithm is developed for searching the integral nonlinear programming, and numerical instance and sensitivity analysis are given also.
Keywords :
decision making; integer programming; inventory management; iterative methods; nonlinear programming; supply chain management; Stackelberg inventory model; integral nonlinear programming; iterative algorithm; lead time decision-making; lot-for-lot policy; sensitivity analysis; supply chain; vendor-buyer interaction; Biological system modeling; Games; Iterative methods; Numerical models; Safety; Supply chains;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5577692
