DocumentCode
557133
Title
Inventory models involving discrete decision variables: A discussion
Author
Chang, Hung-Chi
Author_Institution
Dept. of Distrib. Manage., Nat. Taichung Inst. of Technol., Taichung, Taiwan
Volume
1
fYear
2011
fDate
24-26 Oct. 2011
Firstpage
32
Lastpage
35
Abstract
This study discusses existing researches that presented solution procedures to optimize discrete decision variables in various inventory models. To gain more insights into the solution procedures and their results, we first review the classical inventory theories and show their connections and applications to current researches. Then, we demonstrate the influence of necessary conditions to the optimal integer solutions, and then clarify some arguments appeared in the supply chain inventory models, where similar conditions are applied to derive the closed-form solution for the integer multiplier.
Keywords
integer programming; inventory management; supply chains; discrete decision variable optimization; integer multiplier; optimal integer solutions; supply chain inventory models; Biological system modeling; Closed-form solutions; Computational modeling; Mathematical model; Supply chains; Transportation;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Science and Service Science (NISS), 2011 5th International Conference on New Trends in
Conference_Location
Macao
Print_ISBN
978-1-4577-0665-3
Type
conf
Filename
6093387
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