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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Dual sourcing: with arbitrary stochastic demand and stochastic lead times

Dual sourcing: with arbitrary stochastic demand and stochastic lead times

Schimpel, Ulrich

Paperback

Business General

ISBN10: 3866445288
ISBN13: 9783866445284
Publisher: Karlsruher Institut Fur Techn
Published: Aug 14 2014
Pages: 362
Weight: 0.95
Height: 0.75 Width: 5.83 Depth: 8.27
Language: English
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.

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