Abstract
The inventory models discussed in Chap. 9 focus on characterizing the optimal replenishment policy for a single facility given some assumptions, such as lead time and yield, of its supplier. This of course emphasizes the need, in many cases, to develop direct relationships with suppliers.
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Simchi-Levi, D., Chen, X., & Bramel, J. (2014). Procurement Contracts. In Springer Series in Operations Research and Financial Engineering (pp. 229–240). Springer Nature. https://doi.org/10.1007/978-1-4614-9149-1_12
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