Brought to you by:
Paper The following article is Open access

Optimizing supplier reserve stocks in the supply chain

and

Published under licence by IOP Publishing Ltd
, , Citation O V Milekhina and V I Mamonov 2020 IOP Conf. Ser.: Mater. Sci. Eng. 919 042007 DOI 10.1088/1757-899X/919/4/042007

1757-899X/919/4/042007

Abstract

The formulation and solution of the problem of determining safety stocks in a linear technological chain consisting of suppliers in a network structure is considered. It is assumed that the conditions for the production of suppliers in terms of throughput are quite sufficient to ensure deliveries on time in the required volume. The allocated volume of resources in the supplier's production system for these purposes cannot be predetermined precisely. It is a random variable that changes in a certain interval, which is actually confirmed statistically. Reducing losses from downtime of technological equipment is ensured by the creation of reserve stocks. For solving the problem the method of dynamic programming is used, which allows one to determine the optimal values of safety stocks analytically.

Export citation and abstract BibTeX RIS

Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.

Please wait… references are loading.
10.1088/1757-899X/919/4/042007