Detailed Information

Cited 0 time in webofscience Cited 0 time in scopus
Metadata Downloads

기대비용을 이용한 비정상수요를 갖는 품목의 발주정책A Replenishment Policy for an Item with Non-stationary Demand Using Expected Costs

Other Titles
A Replenishment Policy for an Item with Non-stationary Demand Using Expected Costs
Authors
양영현김종수
Issue Date
May-2012
Publisher
한국SCM학회
Keywords
Inventory control; Non-stationary demand; Periodic control policy
Citation
한국SCM학회지, v.12, no.1, pp 1 - 8
Pages
8
Indexed
KCI
Journal Title
한국SCM학회지
Volume
12
Number
1
Start Page
1
End Page
8
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/35736
ISSN
1598-382X
2714-0016
Abstract
This paper concerns a replenishment problem for a single buyer who sells a single item to end customers. The buyer periodically replenishes the inventory of an item to a preset order-up-to-level to satisfy the end customer's demand, which may be non-stationary. The proposed policy starts each period by calculation the expected cost of ordering and not ordering action based on the information of the current inventory position and forecasted demand for upcoming period. Computer experiment was performed to test efficiency of the proposed policy. When compared with the most efficient policy currently available, our policy showed a considerable cost savings especially for the problems having non-stationary demands.
Files in This Item
Go to Link
Appears in
Collections
COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles

qrcode

Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.

Altmetrics

Total Views & Downloads

BROWSE