Analysis of a dual-source production-inventory problem with quantity constraints

Bin Zhou, John Wang, Ruiliang Yan

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

In this paper, we study a production-outsourcing problem in which the firm has two supply sources. Demands are random variables and supply/production capacity is unlimited. We discuss the problem, analyse the firm's sourcing strategies, and compute the policies. The policies are then evaluated through extensive simulation studies that aim to provide important insights with respect to the performance under varied demand and cost parameters as well as different service level requirements of the firm.

Original languageEnglish
Pages (from-to)1-15
Number of pages15
JournalInternational Journal of Applied Decision Sciences
Volume4
Issue number1
DOIs
Publication statusPublished - 1 Jan 2011

    Fingerprint

Keywords

  • Inventory and production system
  • Outsourcing
  • SCM
  • Supply chain management

Cite this