The optimal replenishment policy for time-varying stochastic demand under vendor managed inventory
Transition and evaluation of a SilverMeal heuristic with an augmentation quantity used in a traditional supply chain at the moment to a VMI supply chain case. Adjustment of the SilverMeal heuristic is done with low and high demand variability. A modified SilverMeal heuristic combined with a safety stock is proposed to overcome demand variability.
time-varying stochastic demand vmi supply chain safety stock adjusted silvermeal (asm) heuristic pharmaceutical industry