Research on Optimization of Production Decision Based on Payment Time and Price Coordination
Joint Authors
Yan, Yanyang
Yuan, Liang
Li, Yemei
Source
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-01-09
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
This paper focuses on the coordination and optimization between a manufacturer and multiple retailers in a supply chain.
The manufacturer makes product quotes and delivery deadlines for all retailers, and each retailer selects product offers and delivery deadlines based on their own needs.
Manufacturers maximize their own total profits by setting optimal quotes and delivery deadlines.
This paper constructs the mathematical model of the optimal quotation and delivery deadline and proposes a scheduling algorithm that is different from the general M/M/1 and then studies the production scheduling problem and explores the effective implementation of quotation policy in management practice.
American Psychological Association (APA)
Yan, Yanyang& Yuan, Liang& Li, Yemei. 2020. Research on Optimization of Production Decision Based on Payment Time and Price Coordination. Complexity،Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1140002
Modern Language Association (MLA)
Yan, Yanyang…[et al.]. Research on Optimization of Production Decision Based on Payment Time and Price Coordination. Complexity No. 2020 (2020), pp.1-9.
https://search.emarefa.net/detail/BIM-1140002
American Medical Association (AMA)
Yan, Yanyang& Yuan, Liang& Li, Yemei. Research on Optimization of Production Decision Based on Payment Time and Price Coordination. Complexity. 2020. Vol. 2020, no. 2020, pp.1-9.
https://search.emarefa.net/detail/BIM-1140002
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1140002
