Inventory planning for a multi-echelon supply chain

dc.contributor.authorRoutroy, Srikanta
dc.date.accessioned2023-08-21T06:45:03Z
dc.date.available2023-08-21T06:45:03Z
dc.date.issued2007-03
dc.description.abstractInventory planning is the significant operational issue in supply chain management. In this paper, a mathematical model is developed for multi-echelon supply chain inventory planning to determine ordering/production quantity and reorder point while minimising the Total Supply Chain Cost (TSCC) (i.e., supply chain inventory capital, supply chain ordering/set-up cost and supply chain inventory stock out cost). Differential Evolution algorithm is used for multi-echelon supply chain inventory planning. One case situation is elucidated in order to reinforce the salient features of the concept. A sensitivity analysis is also carried out to show the effect of input parameters on the TSCC.en_US
dc.identifier.urihttps://www.inderscienceonline.com/doi/abs/10.1504/IJOR.2007.012853
dc.identifier.urihttp://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/11539
dc.language.isoenen_US
dc.publisherInder Scienceen_US
dc.subjectMechanical Engineeringen_US
dc.subjectSupply chainsen_US
dc.subjectInventory planningen_US
dc.subjectDifferential evolution algorithmsen_US
dc.subjectMulti-echelon inventory modelingen_US
dc.subjectOperational researchen_US
dc.titleInventory planning for a multi-echelon supply chainen_US
dc.typeArticleen_US

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