Large multi-echelon inventory systems usually consist of hundreds of thousands of stock keep units (SKU). Calculating inventory policies for each product is a computational burden that necessitates the need for more efficient policy setting techniques that reduce computational time and increases managerial convenience. The main objective of our research is to investigate the effect of segmentat...

The paper studies the optimal production run length for a deteriorating production system. The optimal warranty cost is determined by a balance between the warranty cost of the manufacturer and the buyer during its warranty period. It is assumed that the elapsed time until the production process shift is age dependent and arbitrarily distributed. The objective is to minimize the total cost per ...

This paper presents the economic production quantity (EPQ) models for the imperfect quality items produced with/without the presence of shortage condition. The models are presented in a two-level supply chain composed of a single manufacturer and a single buyer to investigate the performance of vendormanaged inventory (VMI) policy. The total costs are minimized to obtain the optimal production ...

This paper develops a single wholesaler and multi retailers mixture inventory distribution model for a single item involving controllable lead-time with backorder and lost sales. The retailers purchase their items from the wholesaler in lots at some intervals throughout the year to meet the customers’ demand. Not to loose the demands, the retailers offer a price discount to the customers on the...

In the book “Optimal inventory modeling of systems: multi-echelon techniques” the author Craig Sherbrooke, who has developed several important model in this area, describes a part of the model cosidered in this manuscript as follows (in “aircraft language”): “When a malfunction is diagnosed on an aircraft, the malfuncioning item is removed from the aircraft and brought into base supply. If a sp...

This paper presents a two-echelon non-repairable spare parts inventory system that consists of one warehouse and m identical retailers and implements the reorder point, order quantity (R, Q) inventory policy. We formulate the policy decision problem in order to minimize the total annual inventory investment subject to average annual ordering frequency and expected number of backorder constraint...

The primary objective of this idea is to create an EOQ model for imperfectly-quality products that takes into account the combined effects proportionate discount, backorder, clustering with association rule mining, and cross-selling. ordering policy considering cross-selling effect was first calculated in paper. benefits become especially evident when selling low-quality products. Data mining m...

With today's rapidly changing supply chain environment, it is essential to include uncertainty in an explicit manner planning models. Therefore, we propose a stochastic model for tactical of the Crude Oil Supply Chain (COSC) under cost and demand uncertainties. The mathematical considers multi-echelon with multi-products multi-period horizon. It integrates inventory backorder penalties. A Sampl...