DocumentCode
3037632
Title
An Integrated Model for a Single-Manufacturer Multi-retailer Supply Chain with Poisson Demand
Author
Pan, Kewen ; Lai, Kin Keung ; Liang, Liang
Author_Institution
Coll. of Bus., City Univ. of Hong Kong, Hong Kong, China
fYear
2009
fDate
24-26 July 2009
Firstpage
534
Lastpage
538
Abstract
We present an integrated model for a single-manufacturer multi-retailer supply chain scenario where the product fits Poisson distribution. The manufacturer orders the required quantity of raw materials, converts them into finished products to deliver to the retailers. An integrated inventory model determines the lot size, taking into the pattern of ordering quantities required by the retailers. The purpose is to maximize the profit from the whole chain. Finally we try to determine the optimal ordering price for each retailer under profit sharing scheme.
Keywords
Poisson distribution; incentive schemes; order processing; pricing; supply chains; Poisson demand; Poisson distribution; inventory model; multiretailer supply chain; optimal ordering price; profit maximization; profit sharing scheme; single manufacturer supply chain; Conference management; Costs; Engineering management; Financial management; Manufacturing; Production; Raw materials; Supply chain management; Supply chains; Technology management; ordering policy; poisson distribution; supply chain integration;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Intelligence and Financial Engineering, 2009. BIFE '09. International Conference on
Conference_Location
Beijing
Print_ISBN
978-0-7695-3705-4
Type
conf
DOI
10.1109/BIFE.2009.126
Filename
5208829
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