An inventory control problem for deteriorating items with back-ordering and financial considerations
نویسندگان
چکیده
منابع مشابه
Inventory Routing Problem for Deteriorating Items with Multi Tours
The design of a supply chain has been considered by many practitioners and researchers recently. One model that is used to optimize distribution from a single facility (depot) to a set of retailers over a given planning horizon and considering stock management decisions is known as Inventory Routing Problem (IRP). This model tries to optimize the trade-off between inventory and transportation c...
متن کاملAn Optimal Ordering Policy for Inventory Model with Non-Instantaneous Deteriorating Items and Stock-Dependent Demand
In this paper we shall discuss with the optimal ordering policy for two warehouse inventory model of non-instantaneous deteriorating items and stock-dependent demand. Here shortage is not allowed. Here the holding and deteriorating costs in both warehouses are different and assumed that the holding cost in the RW(rented warehouse) than in the OW(owned warehouse) the optimal solution are shown. ...
متن کاملAn Inventory Model for Deteriorating Items Using Vendor-Managed Inventory Policy
In recent researches, vendor managed inventory (VMI) policy is rarely considered for deteriorating items. This study considered the supply chain partner’s collaboration via a VMI system and provided an EOQ model for a two-level supply chain (single supplier - single retailer) to examine the inventory management proceedings for VMI and non-VMI supply chains. By a new approach in modeling, the ...
متن کاملA Queueing-Inventory System with Repair Center for Defective Items and One-for-One Ordering Policy
In this paper we consider a system consisting of a supplier with a single processing unit, a repair center, and a retailer with Poisson demand. We assume that the retailer applies one-for-one ordering policy with backorders for his inventory control. The retailer’s orders form a queue in the supplier processing unit. We also assume that a certain fraction of the products produced by the supplie...
متن کاملPRODUCTION INVENTORY MODEL FOR DETERIORATING ITEMS WITH SHORTAGES AND SALVAGE VALUE UNDER REVERSE LOGISTICS
In this paper, a production inventory model is developed for the business enterprise which consists of three wings. The first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. In this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Mathematical Modelling
سال: 2014
ISSN: 0307-904X
DOI: 10.1016/j.apm.2013.05.065