THE VALUE OF INFORMATION SHARING IN A TWO-STAGE SUPPLY CHAIN WITH PRODUCTION CAPACITY CONSTRAINTS: THE INFINITE HORIZON CASE

DOI10.1017/S0269964804182089zbMath1066.60094MaRDI QIDQ4819219

David Simchi-Levi, Yao Zhao

Publication date: 24 September 2004

Published in: Probability in the Engineering and Informational Sciences (Search for Journal in Brave)

zbMATH Keywords

Markov chainsMarkov decision processinformation sharingaverage costsoptimal order policydiscounted costscyclic order-up-to policy

Mathematics Subject Classification ID

Queueing theory (aspects of probability theory) (60K25) Production models (90B30) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30)

Related Items (3)

OPTIMAL PRODUCTION POLICIES WITH MULTISTAGE STOCHASTIC DEMAND LEAD TIMES ⋮ Stability of information-sharing alliances in a three-level supply chain ⋮ A tabu search procedure for coordinating production, inventory and distribution routing problems

Cites Work

• Optimization via simulation: A review
• Supply Chain Inventory Management and the Value of Shared Information
• Integrating Replenishment Decisions with Advance Demand Information
• Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information
• The Value of Information Sharing in a Two-Level Supply Chain

This page was built for publication: THE VALUE OF INFORMATION SHARING IN A TWO-STAGE SUPPLY CHAIN WITH PRODUCTION CAPACITY CONSTRAINTS: THE INFINITE HORIZON CASE