UPDF AI

ORDER PROCESSING COST REDUCTION IN A JOINT VENDOR-BUYER INVENTORY SYSTEM VIA THE APPLICATION OF INFORMATION TECHNOLOGY

Y. Y. Woo,Shu-Lu Hsu,Soushan Wu

2000 · DOI: 10.1080/00137910008967558
11 Citations

TLDR

This paper investigates a joint inventory system where the vendor produces a single item for its sole buyer and the buyer sells the item to consumers with backorders allowed.