Safety stock placement in supply chains with demand forecast updates
Supply chains are exposed to many types of risks and it may not be obvious where to keep safety stocks in the supply chain to hedge against those risks, while maintaining a high customer service level. In this paper, we develop an approach to determine the safety stock levels in supply chain systems...
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Format: | Article |
Language: | English |
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Elsevier
2016-01-01
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Series: | Operations Research Perspectives |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2214716015300221 |