Logistics and Rural Economic Development
Effects of Preferred Supplier Programs and TQM on Logistical and Procurement Policies
The objective of this study was to explain the effects of close versus adversarial industrial buyer-supplier relationships on logistical and procurement policies and costs. In the study, a two-firm economic order quantity (EOQ) model was developed that minimized total costs of inspection, inventory, and quality based on joint buyer and supplier costs.
Final Report
Date: June 1995
Authors: Cynthia L. Miller and Frank J. Dooley
Completed Report: MPC-95-47
For more information about this project, please e-mail mark.berwick@ndsu.edu.