In many production=distribution systems, materials !ow from one stage to another in %xed lot sizes. For example, a retailer orders a full truckload from a manufacturer to qualify for a quantity discount; a factory has a material handling system that moves full containers of parts from one production stage to the next. In this paper, we derive optimal policies for multi-stage serial and assembly...

In some retail contexts, higher inventories not only improve service levels, but also stimulate demand by serving as a promotional tool (e.g., by increasing product visibility). Motivated by a building-products retailer’s practice of stocking large quantities of products to stimulate demand, we study inventory management policies when demand is uncertain but increases with stocking quantity. Fo...

A deterministic inventory model for infinite time-horizon incorporating inventory level-dependent demand rate, deterioration begins after a certain time, partial backlogging and decrease in demand is developed. The salient feature of the developed model is the introduction of the concept of fractional decrease in demand due to ageing of inventory. Demand at any instant depends linearly on the ...

This paper deals with an optimal replenishment policy for deteriorating items with multi-variate demand and partial backlogging. The proposed model allows for (1) multivariate demand replenishment cycles, (2) partial backlogging, and (3) time-varying shortage intervals. Consequently, the proposed model is in a general framework for that inventory models includes these above assumptions. We show...

Proposition 1. Consider two stocking policies s1 and s2 where for some j , s2 j = s1 j − 1, s2 j−1 = s1 j−1 + 1, and s2 i = s1 i , ∀ i = j j − 1. We have that: (i) ILi s2 i s 2 N ≥ ILi s1 i s1 N for i ∈ 1 j − 1 , and (ii) ∑j i=1 Bi i s 2 i s 2 N ≥ ∑j i=1 Bi i s 1 i s 1 N . Proof. From (6) and (7) we find that ILj s2 j s 2 N = ILj s1 j − 1 s1 j+1 s1 N = ILj s1 j s1 N − 1. Thus from (8) and (9), ...

the inventory routing problem (irp) arises in the context of vendor-managed systems. this problem addresses jointly solving an inventory management problem and a vehicle routing problem. in this paper, we consider a multi-depot multi-vehicle inventory routing problem in which suppliers produce one type of product to be delivered to customers during a finite time horizon. we propose a two-phase ...