Title :
An partial backlogging inventory model for non-instantaneous deteriorating items with special stock-dependent demand
Author :
Wenyi Du ; Wei Gao ; Xiaowo Tang
Author_Institution :
Sch. of Manage. & Econ., UESTC, Chengdu, China
Abstract :
The paper focuses on the stock model for goods of non-instantaneous metamorphism. The demand is decided by stock and lags behind shortage, in other words, backlog rate. However, backlog rate is some kind of non-increasing function to calculate the replenishment time. Therefore, the paper puts forward an optimal model for replenishment strategy, figures out solutions to handling stock and replenishment and analyzes the sensitivity of each parameter based on numerical analysis.
Keywords :
inventory management; supply and demand; backlog rate; noninstantaneous deteriorating items; noninstantaneous metamorphism goods; numerical analysis; partial backlogging inventory model; replenishment time; stock-dependent demand; Analytical models; Economics; Electronic mail; Numerical analysis; Numerical models; Sensitivity; Supply chain management; Deteriorating Items; Inventory Management; Partial Backlogging;
Conference_Titel :
Control and Decision Conference (CCDC), 2015 27th Chinese
Conference_Location :
Qingdao
Print_ISBN :
978-1-4799-7016-2
DOI :
10.1109/CCDC.2015.7162246
