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
Link To Document :
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