A win‐win strategy for an integrated vendor‐buyer deteriorating inventory system
An integrated approach considering the view of both the buyer and the vendor is discussed in this study. It can be shown numerically that the integrated approach results in an impressive cost reduction when compared with an independent decision approach by the buyer. Although the integrated tot...
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2006-03-01
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Series: | Mathematical Modelling and Analysis |
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Online Access: | https://journals.vgtu.lt/index.php/MMA/article/view/9603 |