PARTIAL BACKORDER INVENTORY SYSTEM WITH SERVICE LEVEL CONSTRAIN
Inventory control is important in supply chain management.A great deal of research efforts have been devoted to it over a few decades.Previous researches always assume that the lead time is an exogenously parameter, and the unmet demand is backordered.However, these assumptions may not suit to the real environment.In this paper, a mathematical model regarding inventory control is set up for a buyer who employs the continuous review policy, where both the changeable lead time and the partial backordered situation are involved.Further, the optimal inventory control approach gained by the Lagrange multipliermethod is shaped to account for the service level restriction.Impacts of the backorder rateon the continuous review policy and the inventory cost are also analyzed.
Continuous Review Policy Partial Backorder Controllable Lead Time Service Level Restriction
Dongmei Ni Qiuhong Zhao Guoping Xia
School of Economics & Management BeiHang University,Beijing, 100191,China
国际会议
The 11th International Conference on Industrial Management(第十一届工业管理国际会议)
日本
英文
9-14
2012-08-29(万方平台首次上网日期,不代表论文的发表时间)