A Kind of Inventory Policy Model under the Financial Budget
The existed inventory models hardly consider the impact effect on the price of stock item by the inventory actions enterprises. On the assumption that the supply of stock item is fixed, the paper analyses the impact effects of inventory actions and gets the optimal dynamic inventory policy under the financial budget. The result of simulations illustrates that the inventory actions of enterprises has certain affections on the price of item. Under the continuous changes of item price and residual inventory bankroll, the optimal inventory policy is a process of dynamic adjustment, and the optimal purchase quantity in every stock period increases by degree.
bankroll constraint linear impact dynamic programming optimal inventory policy
Sun Jinzhong Lin Jian
School of Management, Beihang University, Beijing 100083, China School of Management, Wuyi University, Jiangmen 529020, China
国际会议
上海
英文
2007-09-21(万方平台首次上网日期,不代表论文的发表时间)