A two-item two-warehouse periodic review inventory model with transshipment

A two-item two-warehouse periodic review inventory model with transshipment

We study a two-item two-warehouse periodic review inventory model that allows transshipment between warehouses and emergency orders. The model helps to determine two decisions: (i) the order up to levels for the two items at the two warehouses, and (ii) whether to accept a transshipment request from the other warehouse. The acceptance of a transshipment request in a warehouse depends on the tim...

A Two-warehouse Inventory Model for Deteriorating Items with Permissible Delay under Exponentially Increasing Demand

In this study, a two-warehouse inventory model with exponentially increasing trend in demand involving different deterioration rates under permissible delay in payment has been studied. Here the scheduling period is assumed to be a variable. The objective of this study is to obtain the condition when to rent a warehouse and the retailer's optimal replenishment policy that minimizes the total re...

Two-Warehouse Inventory Model for Deteriorating Items with Time-Dependent Demand and Partial Backlogging Under Inflation

This paper deals with a two-warehouse inventory model for deteriorating items with time dependent demand and partial backlogging under inflation. It is assumed that deterioration of items follows two-parameter Weibull distribution and demand rate varies exponentially with time. Shortages are allowed and partial backlogging depends on waiting time of next replenishment. A numerical example is pr...

Two-Warehouse Fuzzy Inventory Model with K-Release Rule

Two-warehouse inventory model with deterioration under FIFO dispatching policy

In most of the literatures on two-warehouse inventory decision models, the last-in-first-out (LIFO) dispatching policy has always been assumed. This presumption, however, is not in line with the actual practice of most business entities. To enhance the freshness of merchandise or goods, businesses commonly follow the first-in-first-out procedure (FIFO). This inconsistency forms the base and mai...