Research on the Modeling of Inventory Control with Independent Stochastic Item Returns
In this paper we consider a stochastic inventory model with random item returns. Returns are independent of past demand and may be directly reused. We classify the returned items into K kinds, and devide the repair costs into K intervals correspondingly. At the same time, we add the leadtimes to the period. The optimal inventory control strategy may help the managers to decide which returned items should be repaired and which should not be repaired.
Inventory Optimization Leadtime Reverse logistics
Bingjie He Yujing Yue Xinzhong Cai
College of Advanced Vocational Technology, Shanghai University of Engineering Science, Shanghai, 200437, P.R.China
国际会议
The Third International Conference on Modelling and Simulation(第三届国际建模、计算、仿真、优化及其应用学术会议 ICMS 2010)
无锡
英文
236-239
2010-06-04(万方平台首次上网日期,不代表论文的发表时间)