標題: Exact solution of inventory replenishment policy for a linear trend in demand - two-equation model
作者: Lo, WY
Tsai, CH
Li, RK
工業工程與管理學系
Department of Industrial Engineering and Management
關鍵字: inventory;replenishment;linear trend in demand
公開日期: 21-Mar-2002
摘要: This study presents a model for obtaining the exact optimal solution of inventory replenishment policy problem. The proposed model, called the "two-equation model", includes two governing equations and a time-frequency algorithm: the first equation determines the optimal replenishment times for a specified number of replenishments; the second equation determines the optimal number of replenishments. The time-frequency algorithm includes two main procedures to solve the first and second equations. In contrast to many approximation approaches, this model exactly solves the first equation, a simultaneous non-linear equations system using a generalized matrix-based solver. This study also examines the classical no-shortage inventory replenishment policy for linear increasing and decreasing trend demand. According to these results, the solution given by the two-equation model is an exact solution. (C) 2002 Elsevier Science B.V. All rights reserved.
URI: http://dx.doi.org/10.1016/S0925-5273(00)00155-9
http://hdl.handle.net/11536/28927
ISSN: 0925-5273
DOI: 10.1016/S0925-5273(00)00155-9
期刊: INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
Volume: 76
Issue: 2
起始頁: 111
結束頁: 120
Appears in Collections:Articles


Files in This Item:

  1. 000174318200001.pdf

If it is a zip file, please download the file and unzip it, then open index.html in a browser to view the full text content.