Research on Inventory Management for Muti-Species Systems with Returns
In order to seek an effective strategy for muti-species system with returns, we study the system experiencing certain returns as well as certain customer demands. For general muti-species inventory systems, we propose two ordering policies. One is unified replenishment and the other is integrated replenishment. For the second policy, we give a simple heuristics solution, and in numerical examples it is shown to perform well. From the results of numerical trials, we find that the policy of integrated replenishment is more effective on inventory control than the policy of unified replenishment; and the total average costs of the policy of integrated replenishment are less than the policy of unified replenishment.
Inventory Management Muti-species Systems Returns
BAI Shi-zhen ZHAO Jin-li
School of Management, Harbin University of Commerce, Harbin 150076
国际会议
2009年中国控制与决策会议(2009 Chinese Control and Decision Conference)
广西桂林
英文
1928-1931
2009-06-17（万方平台首次上网日期，不代表论文的发表时间）