A strategic framework for networked manufacturing
Computers in Industry - Special issue on advances in computer integrated production in honour of professor C.L. Moodie's retirement
Optimizing Strategic Safety Stock Placement in Supply Chains
Manufacturing & Service Operations Management
A Supply Network Model with Base-Stock Control and Service Requirements
Operations Research
Designing And Managing The Supply Chain
Designing And Managing The Supply Chain
Optimizing the Supply Chain Configuration for New Products
Management Science
A steady-state genetic algorithm for multi-product supply chain network design
Computers and Industrial Engineering
Knowledge web-based system architecture for collaborative product development
Computers in Industry
Risk assessment and management for supply chain networks: A case study
Computers in Industry
Hi-index | 0.00 |
With increasing business competition and complexity, supply chain provides opportunity to increase business competitiveness. Supply chain configuration is an important strategy to enhance business advantage. It is a vital approach to develop new products and manage dynamic supply chain. In this paper, two inventory review policies, continuous replenishment and periodic replenishment, are modeled in the supply chain configuration problem. Harmony search is used to solve the problem. Numerical example is given to illustrate how the models work. Using three different scenarios of various average on hand inventory rate and work in process rate, both review policies are tested. The proposed model shows that the average on hand inventory plays a more significant role when compared with the work in process.