A consignment stock model for a single vendor and multiple buyers under deterministic environment

作者：Huang, Qing-Yang; Chen, Jun-Fang

来源：Journal of Shanghai Jiaotong University, 2008, 42(11): 1814-1817.

• Consignment stocks
• Cost per unit
• Holding costs
• Optimal solutions
• Parameter setting
• Physical components
• Single-vendor multi-buyer
• Vendor and buyers

This paper extended the consignment stock (CS) model to the single-vendor multi-buyer situation in a deterministic environment. Through the splitting of the holding cost into a financial and a physical component, the model emphasized the most important difference between CS and other policies. On the premise of fulfillment, the joint total cost per unit time for the vendor and buyers was derived and its optimal solution and parameter setting were obtained by an enumerative approach.

• 出版日期2008-11
• 单位上海交通大学