A STUDY ON INVENTORY COORDINATION POLICY IN SUPPLY CHAIN UNDER STOCHASTIC DEMAND

摘要

A policy of coordinating inventory by common replenishment periods (CRP) for a kind of lot-for-lot supply chain (SC) is studied and analyzed. Under the proposed policy, the supplier specifies CRP and offers the retailer a price discount while the retailer's replenishment period is in harmony with the supplier's. After an approach to solving the issue is developed, a numerical study is conducted and the benefit of applying the policy under certain conditions is analyzed.