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ID 14831
Eprint ID
14831
FullText URL
Author
A.I.. ABDUL
A.E. OLULEYE
Abstract
Traditionally, the time (planning) horizon over which the inventory for a particular item will be controlled is often assumed to be known (finite or infinite) and the total inventory cost is usually obtained by summing up the cost over the entire time horizon. However, in some inventory situations the period over which the inventory will be controlled are difficult to predict with certainty, as the inventory problems may not live up to or live beyond the assumed planning horizon, thereby affecting the optimality of the model. This paper presents a deterministic perishable inventory model for items with linear trend in demand and constant deterioration when time horizon is unknown, unspecified or unbounded. The heuristic model obtains replenishment policy by determining the ordering schedule to minimize the total cost per unit time over the duration of each schedule. A numerical example and sensitivity analysis are given to illustrate the model.
Published Date
2008-12-11
Publication Title
Proceedings : Fourth International Workshop on Computational Intelligence & Applications
Volume
volume2008
Issue
issue1
Publisher
IEEE SMC Hiroshima Chapter
Start Page
198
End Page
203
ISSN
1883-3977
Content Type
Conference Paper
language
英語
Event Title
Fourth International Workshop on Computational Intelligence & Applications IEEE SMC Hiroshima Chapter : IWCIA 2008
Event Location
東広島市
Event Location Alternative
Higashi-Hiroshima City
File Version
publisher
Refereed
True
Eprints Journal Name
IWCIA