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《Journal of Shanghai Jiaotong University》 2008-11
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A Consignment Stock Model for a Single Vendor and Multiple Buyers under Deterministic Environment

HUANG Qing-yang,CHEN Jun-fang(Antai College of Economics & Management,Shanghai Jiaotong University,Shanghai 200052,China)  
This paper extended the consignment stock(CS) model to the single-vendor multi-buyer situation in a deterministic environment.Through the splitting of the holding cost into a financial and a physical component,the model emphasized the most important difference between CS and other policies.On the premise of fulfillment,the joint total cost per unit time for the vendor and buyers was derived and its optimal solution and parameter setting were obtained by an enumerative approach.
【Fund】: 国家自然科学基金资助项目(70572103)
【CateGory Index】: F253.4;F224
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