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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Huvudupphov: Schimpel, Ulrich
Materialtyp: Online
Språk:engelska
Utgiven: KIT Scientific Publishing 2021
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Länkar:34691
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author Schimpel, Ulrich
author_browse Schimpel, Ulrich
author_facet Schimpel, Ulrich
author_sort Schimpel, Ulrich
collection Directory of Open Access Books
description 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.
format Online
id doab-20.500.12854ir-45546
institution Directory of Open Access Books
language eng
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher KIT Scientific Publishing
publisherStr KIT Scientific Publishing
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spelling doab-20.500.12854ir-455462023-12-20T15:54:06Z Dual sourcing : with arbitrary stochastic demand and stochastic lead times Schimpel, Ulrich HF5001-6182 supply chain management replenishment policy logistics dual sourcing inventory management bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJC Business strategy 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. 2021-02-11T11:50:18Z 2021-02-11T11:50:18Z 2019-07-30 20:01:58 2010 book 34691 9783866445284 https://directory.doabooks.org/handle/20.500.12854/45546 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.ksp.kit.edu/9783866445284 KIT Scientific Publishing 10.5445/KSP/1000018435 10.5445/KSP/1000018435 68fffc18-8f7b-44fa-ac7e-0b7d7d979bd2 9783866445284 XVIII, 337 p. open access
spellingShingle HF5001-6182
supply chain management
replenishment policy
logistics
dual sourcing
inventory management
bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJC Business strategy
Schimpel, Ulrich
Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title_full Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title_fullStr Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title_full_unstemmed Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title_short Dual sourcing : with arbitrary stochastic demand and stochastic lead times
title_sort dual sourcing with arbitrary stochastic demand and stochastic lead times
topic HF5001-6182
supply chain management
replenishment policy
logistics
dual sourcing
inventory management
bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJC Business strategy
topic_facet HF5001-6182
supply chain management
replenishment policy
logistics
dual sourcing
inventory management
bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJC Business strategy
url 34691
work_keys_str_mv AT schimpelulrich dualsourcingwitharbitrarystochasticdemandandstochasticleadtimes