Cost Optimization Model of Distribution Systems in Supply Chain under Stochastic Demand
A cost optimization model of supply chain distribution system is proposed for a single product. The demand per day and the lead-time are assumed to be stochastic variables. Cost optimization problems of distribution systems with multiple manufacturers, an intermediate warehouse and multiple distributors are studied, under the restricted service level that the distributor must meet customers demand. The model considers ordering cost, replenishing goods cost, inventory holding cost and in-transit holding cost, transport cost and shortage cost synthetically. Algorithm of optimal order quantity is given under the constraint. Finally, a numerical example is given to verify the effectiveness of this model.
Stochastic Demand Supply Chain Distribution Systems Cost Optimization Model
LIU Xiao-feng ZHANG Meng
School of Management, Harbin University of Commerce, Harbin 150076, China
国际会议
2009年中国控制与决策会议(2009 Chinese Control and Decision Conference)
广西桂林
英文
1899-1902
2009-06-17（万方平台首次上网日期，不代表论文的发表时间）