کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
483088 1446195 2007 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Effective and simple EOQ-like solutions for stochastic demand periodic review systems
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
Effective and simple EOQ-like solutions for stochastic demand periodic review systems
چکیده انگلیسی

In this paper we examine a periodic review system under stochastic demand with variable stockout costs. The optimal values for cycle length and amount of safety stock are difficult to obtain because one of the First Order Conditions does not have a closed form solution. However, by using a Taylor series expansion to approximate part of the cost function, we produce a simple cost function structure which is similar to that of deterministic models.We argue that this simple structure is also beneficial to promote the solution in other problems where coordination of cycles is required. To illustrate, we use the joint replenishment problem for multiple items under stochastic demand and suggest simple and efficient solution procedures.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 180, Issue 3, 1 August 2007, Pages 1135–1143
نویسندگان
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