Optimal Expediting Policies for a Serial Inventory System with Stochastic Lead Time and Visibility of Orders in Transit

In recent supply chains, often operating multiple delivery modes such as standard freight shipping and air is an effective way of addressing both delivery lead time uncertainties and service rates. We propose a model on how to optimally operate multiple delivery modes. We consider a serial supply ch...

Full description

Bibliographic Details
Main Authors: Kim, Chiwon (Contributor), Klabjan, Diego (Author), Simchi-Levi, David (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering (Contributor)
Format: Article
Language:English
Published: Wiley Blackwell, 2016-03-14T13:21:45Z.
Subjects:
Online Access:Get fulltext