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Emergency lateral transshipment in a two-retailer decentralized inventory system with partial backordering | |
Author | Siraphat Sukhobol |
Call Number | AIT Thesis no.ISE-21-02 |
Subject(s) | Transshipment Inventory control Supply chain management |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering |
Publisher | Asian Institute of Technology |
Abstract | Emergency Lateral transshipment (EL T) is one type oflateral transshipment (L T). This method provided to face the customer demand that effective for a whole system and reduce the total cost in supply chain. The purpose of this research is to optimize the total expected profit of a two-retailer in supply chain for slow-moving products under decentralized inventory system. The slow-moving products is product that can stocks in the warehouse for a certain period of time. To make this research more realistic, partial backordering will be investigated. It is noted that demand of both retailers will follow a Poisson distribution. The formulated mathematical model is illustrated to find out the optimal value of order quantity for a two-retailer due to maximize the expected total profit of both retailer in the whole system. After formulating mathematical model, numerical experiment is conducted to see the response of mathematical model. Moreover, sensitivity analyses are illustrated the effect of input parameters compare with the base scenario. |
Year | 2021 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Department of Industrial Systems Engineering (DISE) |
Academic Program/FoS | Industrial Systems Engineering (ISE) |
Chairperson(s) | Huynh Trung Luong |
Examination Committee(s) | Pisut Koomsap;Mongkol Ekpanyapong |
Scholarship Donor(s) | Royal Thai Government Fellowship |
Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2021 |