• 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