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Optimal inventory policies for serial-type and assembly-type supply chains with equal sized batch

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  • This study focuses on the inventory problems for serial-type and assembly-type supply chains. Since the mainline and each branch line of the assembly-type supply chain can be treated as a serial-type supply chain, a model of a serial-type supply chain is first constructed and then an integrated model is developed for the whole assembly-type supply chain. Both problems are solved optimally by the proposed polynomial-time algorithm, which determines the economic lot size, the optimal batch sizes, and the number of batches for each stage. Numerical examples are included to illustrate the algorithmic procedures.
    Mathematics Subject Classification: Primary: 58F15, 58F17; Secondary: 53C35.

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