AN INTEGRATED VENDOR-BUYER DETERIORATING ITEM ORDERING POLICY

摘要：

This paper improves on the analysis presented in Yang and Wee (2000) for a single-vendor single-buyer integrated production-inventory model with an inventory level dependent deteriorating rate. Distinct from the former concept of average inventory level and solution method, our study proposes a significantly different approach to deal with the first production batch and an iterative method to derive the optimal values. The product is manufactured in fixed-sized batches by the vendor at a finite rate. Stock is then shipped to the buyer in equal-sized shipments during the production cycle. There are costs associated with set-up, shipment, stock deterioration and the holding of non-deteriorated stock. Our objective to minimize the integrated total cost per unit time is achieved through deriving the optimal production policy, the shipment policy and the upper bound of the delivery frequency.

关键词： Production inventory Single-vendor Single-buyer Deterioration

作者: H.M.WEE C.J.CHUNG P.C.YANG

作者单位: Industrial Engineering Department, Chung Yuan Christian University,Chungli 32023 Taiwan, ROC Department of Business Administration, Meiho Institute of Technology, 23, Ping Kuang Rd, Neipu, Ping Industrial Engineering & Management Department, SJSMIT, Tamsui, Taipei 25135, Taiwan, ROC

会议类型: 国际会议

会议名称: 2008 International Conference on Machine Learning and Cybernetics(2008机器学习与控制论国际会议)

会议地点: 昆明

会议语种:英文

页码: 3927-3932

在线出版日期: 2008-07-12（万方平台首次上网日期，不代表论文的发表时间）