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A hybrid bi-objective optimization approach for joint determination of safety s...

Silva, Pedro M.; Gonçalves, João N. C.; Martins, Tiago M.; Marques, Luís C.; Oliveira, Miguel; Reis, Marcelo I.; Araújo, Luís; Correia, Daniela

In material requirements planning (MRP) systems, safety stock and safety time are two well-known inventory buffering strategies to protect against supply and demand uncertainties. While the role of safety stocks in coping with uncertainty is well studied, safety time has received only scarce attention in the supply chain management literature. Particularly, most previous operations research models have typicall...


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