Abstract
In the recent years, supply chain coordination has been concernedas one of most popular solutions tohelp the industries reduce costs and improve competitiveness. In this report, we will show asystematical application of theVMI (vendor managed inventory) for asupply chain with a single vendorand multiple retailers. Initially, we assume that the retailers take care of their respective replenishmentdecisions. Then, by adopting vendor managed inventory, the organizations involved can be gained through cost reduction based on numerical analysis and Lingo optimization software.
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