Optimal Decision for Fashion Supply Chains with Service Level Constraint and Controllable Lead Time
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-01-06
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
We study a two-echelon supply chain inventory model with controllable lead time and service level constraint in fashion supply chains, in which we assume that the unit cost of compressing lead time follows exponential distribution.
Under these conditions we investigate the optimal ordering quantity and production quantity in the fashion supply chain by minimizing the joint total cost.
Simultaneously, we work out the boundaries of ordering quantity and production quantity, which simplify the computation.
Furthermore, numerical examples are presented to test the feasibility of the model.
The results show that assuming the unit cost of compressing lead time in accordance with exponential distribution is realistic.
It also notices that the optimal order and production decision for fashion supply chains are constrained obviously by the service level and safety factors.
What is more, the holding cost rate of both the service level and safety factors has a certain influence on it.
And by further analyzing on some references in the last part, we have done some extensions and found some interesting results.
American Psychological Association (APA)
Li, Guo& Kang, Yuchen& Guan, Xu. 2015. Optimal Decision for Fashion Supply Chains with Service Level Constraint and Controllable Lead Time. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-9.
https://search.emarefa.net/detail/BIM-1074654
Modern Language Association (MLA)
Li, Guo…[et al.]. Optimal Decision for Fashion Supply Chains with Service Level Constraint and Controllable Lead Time. Mathematical Problems in Engineering No. 2015 (2015), pp.1-9.
https://search.emarefa.net/detail/BIM-1074654
American Medical Association (AMA)
Li, Guo& Kang, Yuchen& Guan, Xu. Optimal Decision for Fashion Supply Chains with Service Level Constraint and Controllable Lead Time. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-9.
https://search.emarefa.net/detail/BIM-1074654
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1074654