A Multi-Item Inventory Control Model for Perishable Items with Two Shelves
In this paper a multi-item inventory control model for perishable items which can be sold on the two shelves. The first shelf is for normal sales shelf and includes a number of single items. The second shelf is for sales promotion and consists of multiple items.We show that there exists an optimal policy so as to minimize the expected total cost for N items consisting of a general convex inventory or salvage and penalty cost functions.We also explore an optimal ordering pol icy of a finite horizon inventory model with a sales promotion shelf capacity constraint under the newsboy problem setting.
Inventory Control Revenue Management Perishable Items Promotion Shelf
Hiroyuki Wakinaga Katsushige Sawaki
Graduate School of Mathematical Sciences and Information Engineering,Nanzan University,Aichi,Japan Graduate School of Business Administration,Nanzan University,Aichi,Japan
国际会议
张家界
英文
306-314
2009-09-20(万方平台首次上网日期,不代表论文的发表时间)