This study models a joint pricing, inventory, and preservation decision-making problem for deteriorating items subject to stochastic demand and promotional effort. The generalized price-dependent stochastic demand, time proportional deterioration, and partial backlogging rates are used to model the inventory system. The objective is to find the optimal pricing, replenishment, and preservation t...

This study is an extension of the Joint Replenishment Problem (JRP) that takes into accounts the warehouse-space restrictions in a distribution center. The focus of this study is to determine the lot sizes of each product under power-of-two policy to minimize the total costs per unit time and to generate a feasible replenishment schedule of multiple products without exceeding the available war...

 Non-cooperative joint replenishment under asymmetric information Evren Korpeoglu, Kemal Guler, Alper Sen HP Laboratories HPL-2013-9 inventory competition; Joint replenishment; Economic order quantity model; asymmetric information; We consider jointly replenishing n ex-ante identical firms that operate under an EOQ like setting using a non-cooperative game under asymmetric information. In this...

We propose a robust optimization approach to address a multi-period, inventory control problem under ambiguous demands, that is, only limited information of the demand distributions such as mean, support and some measures of deviations. Our framework extends to correlated demands and is developed around a factor-based model, which has the ability to incorporate business factors as well as time ...

Vendor managed resupply is an emerging trend in logistics and refers to a situation in which a supplier manages the inventory replenishment of its customers. Vendors save on distribution cost by being able to better coordinate deliveries to different customers, and customers do not have to dedicate resources to inventory management anymore. We present and discuss the inventory routing problem. ...

This paper addresses the multi-period single-item inventory lot-sizing problem with stochastic demands under the ‘‘static–dynamic uncertainty’’ strategy of Bookbinder and Tan (Manage. Sci. 34 (1988) 1096). In the static-dynamic uncertainty strategy, the replenishment periods are fixed at the beginning of the planning horizon, but the actual orders are determined only at those replenishment peri...

The company is engaged in housing construction. Every year their production increase using green materials, from 2018 to 2021. This growth emerges problems such as overstock and dead stock. So the has determine best Inventory Control Method help get so much lost stock In another way, can calculate total cost for all inventory activities. first calculation, we find solution forecast method next ...