Title :
Reverse Logistics Inventory Model with the Partial Backlogging during Shortage Period
Author :
Chen Mang ; Fu Zhuo
Author_Institution :
Sch. of Traffic & Transp. Eng., Central South Univ., Changsha, China
Abstract :
The characteristics of reverse logistics make the inventory management issues very complex. Once shortage happens, the reverse logistics network nodes will have insufficient workload even stop work. The previous studies about shortage more established on the assumptions of complete backlogging or complete losing, but the partial backlogging problem is less discussed. So this study develops a partial backlogging reverse logistics inventory model, and proposes a new algorithm to minimize the total cost. Finally, a practical example of the numerical analysis is given.
Keywords :
inventory management; reverse logistics; cost minimization; inventory management; partial backlogging; reverse logistics inventory model; shortage; Equations; Inventory management; Mathematical model; Numerical models; Reverse logistics; Time frequency analysis;
Conference_Titel :
Logistics Engineering and Intelligent Transportation Systems (LEITS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-8776-9
Electronic_ISBN :
978-1-4244-8778-3
DOI :
10.1109/LEITS.2010.5665016