Author
Ekici, Ali, Özener, Okan Örsan, Elyasi, Milad
Publication Date
2021
Publication Place
-
Inderscience Enterprises Ltd.
Subject
Supplier selection, Long-run average annual capacity, Perfect rate, Capacitated suppliers, Exact annual capacity
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
1751-5254
Record ID
06d265fc-a9ba-478c-8c83-1034dd49badc
Library Location
Industrial Engineering
Date
2021
Sample Text
In this paper, we focus on the supplier selection and order quantity allocation for a single retailer. The retailer orders a product from multiple suppliers with capacities, adds value to the product and fulfils the demand while meeting the minimum quality level. There is a distinct difference between our work and the prior works in the literature in that we assume the (annual) capacities of the suppliers to be exact annual capacities, i.e., the total order amount in a given calendar/fiscal year from a supplier must be less than or equal to its capacity. First, we discuss the implications of this exact annual capacity assumption on the ordering policy of the retailer. Next, to determine an ordering policy, we propose a heuristic algorithm using a novel idea of iteratively updating the annual ordering cost estimates. We demonstrate the efficacy of the proposed algorithm on randomly generated instances.
DOI
10.1504/EJIE.2021.10036452
Cilt
15
