Determining optimal lot size for a two-warehouse system with deterioration and shortages using net present value
學年 97
學期 1
出版(發表)日期 2008-11-16
作品名稱 Determining optimal lot size for a two-warehouse system with deterioration and shortages using net present value
作品名稱(其他語言)
著者 Hsieh, Tsu-Pang; Dye, Chung-Yuan; Ouyang, Liang-Yuh
單位 淡江大學經營決策學系
出版者 Amsterdam: Elsevier BV * North-Holland
著錄名稱、卷期、頁數 European Journal of Operational Research 191(1), pp.182-192
摘要 In this paper, we develop a deterministic inventory model for deteriorating items with two warehouses by minimizing the net present value of the total cost. Deterioration rates of items in the two warehouses may be different. In addition, we allow for shortages and complete backlogging. We then prove that the optimal replenishment policy not only exists but also is unique under some condition. Further, the result reveals that the reorder interval based on the average total cost, if it exists, must be longer than that derived using net present value. Finally, we use Yang’s [H.L. Yang, European Journal of Operational Research 157 (2004) 344–356] numerical example to illustrate the model and conclude the paper with suggestions for possible future research.
關鍵字 Deterioration;Shortages;Two-warehouse;Net present value;Discounted cash flow
語言 en
ISSN 0377-2217
期刊性質 國外
收錄於 SCI EI SSCI
產學合作
通訊作者 Hsieh, Tsu-Pang
審稿制度
國別 NLD
公開徵稿
出版型式 紙本
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