Optimal production and rationing decisions in supply chains with information sharing

B. Huang, Seyed M.R. Iravani

Research output: Contribution to journalArticleAcademicpeer-review

16 Citations (Scopus)

Abstract

This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served (FCFS) and the modified echelon-stock rationing (MESR) policies.
Original languageEnglish
Pages (from-to)669–676
JournalOperations Research Letters
Volume35
Issue number5
DOIs
Publication statusPublished - 2007
Externally publishedYes

Keywords

  • stock rationing
  • information sharing
  • Markov decision process
  • supply chain
  • production scheduling

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