T article studies a single-location inventory model with random leadtimes. Inventory is replenished by a single supplier who, at the time a replenishment order is received, knows exactly when the order will be delivered. In other words, the supplier knows the leadtime for every replenishment order. Suppose the singlelocation inventory system is managed by a retailer. The objective of this artic...

The International Financial Reporting Standards (IFRS) No. 2 has been the worldwide accounting principle for the reduction of inventory to market allowance since January 1, 2005. Using make-to-stock manufacturing strategies and inventory accounting for only approximately 14% of the total costs, integrated device manufacturers have found maintaining robust records for financial statements increa...

this paper is a research on the ordering planning of a supply chain with one supplier, multi buyer and multi deteriorating items. items have fixed life time and expire dates. the ordering period is taken as variable and must be computed the proposed models. the problem is studied via two different approaches the first is the joint replenishment, based on the hwang and chew's model [3] and ...

The product life cycle of a deteriorating is an important consideration in inventory management. This paper simultaneously investigates the optimum pricing and decisions considering cycles under price-dependent demand advance payment systems with discount facility. A time-dependent holding cost also introduced. objective to carefully balance critical decision variables order maximize total prof...

In a multi-item inventory system, given the order cycle lengths and unit volumes of the items, the determination of the replenishment times (i.e. “cycle offsets”) of items, so as to minimize the resources needed to store the items, is known as the inventory cycle offsetting problem. In this paper we show that so long as the cycle times and inventory unit volumes satisfy certain mild constraints...

This paper develops a more general production-inventory model for a single-vendor–single-buyer integrated system. Unlike the hitherto existing production-inventory models for the vendor–buyer system, the present model neither requires the buyer’s unit holding cost greater than the vendor’s nor assumes the structure of shipment policy. Secondly, the model is extended to the situation with shorta...