In this paper we develop an inventory model, to determine the optimal ordering quantities, for a set of two substitutable deteriorating items. In this inventory model the inventory level of both items depleted due to demands and deterioration and when an item is out of stock, its demands are partially fulfilled by the other item and all unsatisfied demand is lost. Each substituted item incurs a...

The research studies on types of products and purchase investigation into inventory management of supply chain. We choose cases from domestic manufacturing industry and retail industry to investigate their inventory management models. The types of products separate functional products and innovative products; purchasing orientations divides into buying and procurement orientation. Two construct...

in this model, we establish an inventory model to determine the optimal inventory replenishment scheme for the economic production quantity (epq) model for imperfect, deteriorating items with sales return service under multiple production and rework setup. in one cycle, production process can produces the products in m production setups and reworks the defective items in one rework setup. the c...