ON DYNAMIC OPTIMIZATION OF INVENTORY IN SUPPLY CHAIN ENTERPRISES BASED ON DEMAND FORECAST

摘要

A policy of realizing dynamic inventory optimization of supply chain enterprises by changing the order quantity after forecasting demand is researched and analyzed. In this supply chain, a producer provides a single product to a single retailer who experiences stochastic demand. Under the proposed policy, the producer allows the retailer to change the order quantity after forecasting demand so as to stimulate the retailer to place one more order. It's regarded as a Stackelberg game. After an approach to the game is developed, a numerical study and analyzed the benefit of applying the policy is conducted.