Periodic Review Probabilistic Multi-Item Inventory System with Zero Lead Time under Constraints and Varying Order Cost
نویسندگان
چکیده
منابع مشابه
Probabilistic multi-item inventory model with varying mixture shortage cost under restrictions
This paper proposed a new general probabilistic multi-item, single-source inventory model with varying mixture shortage cost under two restrictions. One of them is on the expected varying backorder cost and the other is on the expected varying lost sales cost. This model is formulated to analyze how the firm can deduce the optimal order quantity and the optimal reorder point for each item to re...
متن کاملConstrained backorders inventory system with varying order cost: Lead time demand uniformly distributed
Probabilistic model; Inventory; Varying order cost; Holding cost; Lead-time demand; Uniform distribution; Safety stock Abstract This paper discusses the probabilistic backorders inventory system when the order cost unit is a function of the order quantity. Our objective is to minimize the expected annual total cost under a restriction on the expected annual holding cost when the lead time deman...
متن کاملMulti item inventory model with demand dependent on unit cost and varying lead time under fuzzy unit production cost; a Karush Kuhn Tucker conditions approach
A multi item inventory model with demand dependent on unit price and leading time with limited storage space and set up cost is considered in this paper. The varying production and leading time crashing costs are considered to be continuous functions of unit price and leading time respectively. The model is solved using Karush Kuhn Tucker conditions approach with optimal order quantity, unit pr...
متن کاملOrder splitting under periodic review inventory systems
Most research on order splitting have focused on the reduction of safety stock in the multiple sourcing setting. Moreover, all works study the use of order splitting for the continuous review inventory systems. In this paper, we investigate the possibility of the multiple-delivery arrangement in the sole sourcing environment. In addition, we concentrate on the reduction of cycle stock for perio...
متن کاملAn inventory model for deteriorating items with time-dependent demand and time-varying holding cost under partial backlogging
In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model ca...
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: American Journal of Applied Sciences
سال: 2005
ISSN: 1546-9239
DOI: 10.3844/ajassp.2005.1213.1217