Dual sourcing : with arbitrary stochastic demand and stochastic lead times

Companies with high-performing supply chains enjoy essential competitive ad- vantages. However, supply chain management faces an environment of rising risk that endangers these competitive advantages. One of the reasons is to outsource parts of their business. This bears the risk of significantly in...

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Bibliographic Details
Main Author: Schimpel, Ulrich (auth)
Format: Book Chapter
Published: KIT Scientific Publishing 2010
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Online Access:Get Fullteks
DOAB: description of the publication
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001 doab_20_500_12854_45546
005 20210211
020 |a KSP/1000018435 
020 |a 9783866445284 
024 7 |a 10.5445/KSP/1000018435  |c doi 
041 0 |a English 
042 |a dc 
100 1 |a Schimpel, Ulrich  |4 auth 
245 1 0 |a Dual sourcing : with arbitrary stochastic demand and stochastic lead times 
260 |b KIT Scientific Publishing  |c 2010 
300 |a 1 electronic resource (XVIII, 337 p. p.) 
506 0 |a Open Access  |2 star  |f Unrestricted online access 
520 |a Companies with high-performing supply chains enjoy essential competitive ad- vantages. However, supply chain management faces an environment of rising risk that endangers these competitive advantages. One of the reasons is to outsource parts of their business. This bears the risk of significantly increased lead times and lead time variability. It is the impact of lead time variability on inventory management that is the central aspect of this book. It describes a mathematical model for dual sourcing with two reorder points, shows the deviation between stochastic and deterministic calculations in a sensitivity analysis, and investigates different relaxations of a traditional dual-sourcing policy. 
540 |a Creative Commons  |f https://creativecommons.org/licenses/by-nc-nd/4.0/  |2 cc  |4 https://creativecommons.org/licenses/by-nc-nd/4.0/ 
546 |a English 
653 |a supply chain management 
653 |a replenishment policy 
653 |a logistics 
653 |a dual sourcing 
653 |a inventory management 
856 4 0 |a www.oapen.org  |u https://www.ksp.kit.edu/9783866445284  |7 0  |z Get Fullteks 
856 4 0 |a www.oapen.org  |u https://directory.doabooks.org/handle/20.500.12854/45546  |7 0  |z DOAB: description of the publication