The Advantage Analysis of Supply Hub Based on Risk Pooling
The inventory advantage of supply hub was analyzed based on risk pooling theory.Supply hub,in the same way as risk pooling,can reduce inventory when we do not consider the matching of different parts or products.After matching is taken into account,an inventory model was established in supply chain of one product with two different parts.Essentially,the out-of-stock goods are reduced by supply hub under some conditions.The holding cost and the total cost can only be lowered,when the demand distributions satisfies some qualifications.Lastly,a simple example is included to highlight these results in a certain extent.
Supply hub Risk pooling Inventory
Wanxia Mei Shihua Ma
School of Management,Huazhong University of Science & Technology,Wuhan 430074,China
国际会议
长沙
英文
517-523
2008-10-28(万方平台首次上网日期,不代表论文的发表时间)