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ID 19665
Eprint ID
19665
フルテキストURL
著者
Ibraheem Abdul Okayama University
抄録
The demand pattern for most perishable products varies during their life cycle in the market. These variations must be properly reflected in inventory management in order to prevent unnecessary stock-out or excess inventory with associated increase in cost. In this paper, a multi-period economic order quantity (EOQ) model for managing the inventory of perishable items having varying demand pattern is presented. The model was formulated using a general ramp-type demand function that allows three-phase variation in demand pattern. These phases represent the growth, the steady and the decline phases commonly experienced by the demand for most products during their life cycle in the market. The model generates replenishment policies that guarantees optimal inventory cost for all the phases. Numerical experiments and sensitivity analysis were carried out to demonstrate the suitability of the model for a wide range of seasonal products. Result of the experiments revealed that the points at which demand pattern changes are critical points in managing inventory of products with ramp type demand.
発行日
2009-11-10
出版物タイトル
Proceedings : Fifth International Workshop on Computational Intelligence & Applications
2009巻
1号
出版者
IEEE SMC Hiroshima Chapter
開始ページ
158
終了ページ
163
ISSN
1883-3977
NCID
BB00577064
資料タイプ
会議発表論文
言語
English
著作権者
IEEE SMC Hiroshima Chapter
イベント
5th International Workshop on Computational Intelligence & Applications IEEE SMC Hiroshima Chapter : IWCIA 2009
イベント地
東広島市
イベント地の別言語
Higashi-Hiroshima City
論文のバージョン
publisher
査読
有り
Eprints Journal Name
IWCIA