A joint economic lot size model with returnable transport items

Title
A joint economic lot size model with returnable transport items
Authors
김태복김태복
Keywords
JELS; joint economic lot sizing; RTI; returnable transport items; integrated inventory modelling; supply chain coordination; supply chain management; SCM; optimisation; order quantities; production quantities
Issue Date
2015-03
Publisher
Inderscience
Citation
International Journal of Integrated Supply Management
Abstract
The literature on the joint optimisation of order and production quantities typically tries to smooth the downstream flow of materials in a supply chain. Items that are transported in the opposite direction of the flow of finished products have only infrequently been considered. In many practical situations, however, products are transported on pallets or in containers, which may be reused after the final product has been delivered to the end customer. These so–called 'returnable transport items' (RTIs) have to be managed as well to assure that the cost of producing and distributing a product are minimised. To derive insights for the management of RTIs, this paper develops and analyses a model of a supply chain that considers both the downstream flow of materials from the manufacturer to the buyer as well as the circulation of RTIs between both actors.
URI
http://www.inderscienceonline.com/doi/abs/10.1504/IJISM.2015.068105http://hdl.handle.net/20.500.11754/22745
ISSN
1477-5360; 1741-8097
DOI
http://dx.doi.org/10.1504/IJISM.2015.068105
Appears in Collections:
COLLEGE OF ENGINEERING[S](공과대학) > INDUSTRIAL ENGINEERING(산업공학과) > Articles
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