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Inventory decisions for a finite horizon problem with product substitution options and time varying demand

机译:具有产品替代选项和时变需求的有限期问题的库存决策

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摘要

The inventory control of substitutable products has been recognized as a problem worthy of study in the operations management literature. Product substitution provides flexibility in supply chain management and enhances response time in production control. This paper proposes a finite horizon inventory control problem for two substitutable products, which are ordered jointly in each replenishment epoch. Demand for the products are assumed to be time-varying. In case of a stock-out for one of the products, its demand is satisfied by using the stock of the other product. The optimal ordering schedule, for both products, that minimizes the total cost over a finite planning horizon is derived. Numerical examples along with sensitivity analyses are also presented.
机译:替代产品的库存控制已被认为是运营管理文献中值得研究的问题。产品替代为供应链管理提供了灵活性,并延长了生产控制中的响应时间。本文提出了两种可替代产品的有限期库存控制问题,这两种产品在每个补货时期共同订购。假定产品需求随时间变化。如果其中一种产品缺货,则可以通过使用另一种产品的库存来满足其需求。得出了两种产品的最佳订购时间表,该时间表在有限的计划范围内将总成本降至最低。还提供了数值示例以及灵敏度分析。

著录项

  • 来源
    《Applied Mathematical Modelling》 |2017年第11期|669-685|共17页
  • 作者单位

    Department of Statistics and Operations Research, Faculty of Science, Kuwait University, P.O.Box 5969, Safat, Kuwait;

    Department of Mathematics, University of Ioannina, Ioannina, Greece;

    Department of Business Administration, School of Business Administration, University of Macedonia, 156 Egnatia Str., Thessaloniki, Greece;

  • 收录信息 美国《科学引文索引》(SCI);美国《工程索引》(EI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Finite horizon; Inventory; Lot Sizing; Product substitution;

    机译:有限的视野;库存;批量确定;产品替代;

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