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標題Title: A study of an integrated inventory with controllable lead time
作者Authors: 楊金山,JASON..等
上傳單位Department: 管理與資訊系
上傳時間Date: 2009-11-20
上傳者Author: 楊金山
審核單位Department: 管理與資訊系
審核老師Teacher: 楊金山
檔案類型Categories: 論文Thesis
關鍵詞Keyword: integrated inventory, lead time
摘要Abstract: The Japanese experience of Just-in-Time (JIT) production has shown that there
are advantages and bene®ts associated with the e€ orts to reduce inventory lead
time and the associated inventory cost. The length of lead time directly a€ ects the
customer service level, inventory investment in safety stock, and the competitive
abilities of a business. In most of the literature dealing with inventory problems,
either a deterministic model or probabilistic model, lead time is viewed as a
prescribed constant or a stochastic variable, and is not subject to control.
However, in many practical situations, lead time can be reduced by an additional
cost. Moreover, the successful implementation of JIT production in today’s
supply chain enviromnent requires a new spirit of cooperation between the
buyer and the vendor (Goyal and Srinivasan 1992). A desirable condition in
long time purchase agreements in such a manufacturing environment is the frequent
delivry of small quantities of items so as to minimize inventory holding cost
for the buyer. The vendor also needs to minimize his or her total inventory costs.
An integrated inventory model that allows the two trading parties to form a
strategic alliance for pro®t sharing may prove helpful in breaking down the
traditional barriers. This paper presents an integrated inventory model with controllable
lead time. The model is shown to provide a lower total cost and shorter
lead time compared with those of Banerjee (1986) and Goyal (1988), and is useful
for practical inventory problems.

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