Optimal structure of joint inventory-pricing management with dual suppliers and different lead times

We consider a joint inventory-pricing control problem in a single-product, periodic-review, dual-supplier inventory system. The two suppliers have different lead times. One expedited supplier offers instantaneous replenishment, and one regular supplier requires an L-period lead time for delivery. Th...

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Bibliographic Details
Main Authors: Xiaoyi Feng, Yangyang Xie, Shouyang Wang, Houmin Yan
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2021-03-01
Series:Journal of Management Science and Engineering
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2096232021000020