| Author | Oke Kar Min |
| Call Number | AIT Thesis no.ISE-23-09 |
| Subject(s) | Inventory control--Mathematical models
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| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | In the highly competitive business era, many businesses are trying to save expenses and to promote customer service level, therefore supply chain management is very important to take advantage of competition. In this research, a vendor will manage all the inventory of two retailers and the vendor will replenish inventory to retailers in a period. If a retailer was stocked out, the vendor will request other retailer to share his/her excess inventory. In the developed mathematical model, the vendor will decide three decision variables to help minimize the expected total cost of the system. In numerical experiments, five input parameters, i.e., such as demand rate, ordering cost, holding cost, inventory shortage cost and emergency transshipment cost were analyzed to observe their effects on the inventory replenishment of vendor to retailers, cycle time and expected total cost of the system. |
| Year | 2023 |
| Type | Thesis |
| School | School of Engineering and Technology |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial and Manufacturing Engineering (IME) |
| Chairperson(s) | Huynh, Trung Luong; |
| Examination Committee(s) | Pisut Koomsap;Mongkol Ekpanyapong; |
| Scholarship Donor(s) | AIT Scholarships; |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2023 |