Analysis of postponement strategy for perishable items by EOQ-based models

doi:10.1016/j.ijpe.2006.01.007

CORC > 数学与系统科学研究院 > 中国科学院数学与系统科学研究院 > 系统科学研究所

	Analysis of postponement strategy for perishable items by EOQ-based models
	Li, Jian ; Cheng, T. C. Edwin ; Wang, Shouyang
刊名	INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
	2007-05-01
卷号	107 期号:1 页码:31-38
关键词	postponement strategy economic-order-quantity model (EOQ) perishable items inventory management
ISSN号	0925-5273
DOI	10.1016/j.ijpe.2006.01.007
英文摘要	This paper develops economic-order-quantity model (EOQ)-based models with perishable items to evaluate the impact of a form postponement strategy on the retailer in a supply chain. We formulate models for a postponement system and an independent system to minimize the total average cost function per unit time for ordering and keeping n perishable end-products. An algorithm is given to derive the optimal solutions of the proposed models. The impact of the deterioration rate on the inventory replenishment policies is studied with the help of theoretical analysis and numerical examples. Our theoretical analysis and computational results show that a postponement strategy for perishable items can give a lower total average cost under certain circumstances. (c) 2006 Elsevier B.V. All rights reserved.
WOS研究方向	Engineering ; Operations Research & Management Science
语种	英语
出版者	ELSEVIER SCIENCE BV
WOS记录号	WOS:000245495100003
内容类型	期刊论文
源URL	[http://ir.amss.ac.cn/handle/2S8OKBNM/5119]
专题	系统科学研究所
通讯作者	Cheng, T. C. Edwin
作者单位	1.Hong Kong Polytech Univ, Dept Logist, Kowloon, Hong Kong, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Inst Syst Sci, Beijing 100080, Peoples R China 3.Qufu Normal Univ, Sch Math, Shandong 273165, Peoples R China
推荐引用方式 GB/T 7714	Li, Jian,Cheng, T. C. Edwin,Wang, Shouyang. Analysis of postponement strategy for perishable items by EOQ-based models[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,2007,107(1):31-38.
APA	Li, Jian,Cheng, T. C. Edwin,&Wang, Shouyang.(2007).Analysis of postponement strategy for perishable items by EOQ-based models.INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,107(1),31-38.
MLA	Li, Jian,et al."Analysis of postponement strategy for perishable items by EOQ-based models".INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS 107.1(2007):31-38.