English  |  正體中文  |  简体中文  |  Items with full text/Total items : 49979/85139 (59%)
Visitors : 7792855      Online Users : 81
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/109421


    Title: Inventory management for fresh produce when the time-varying demand depends on product freshness, stock level and expiration date
    Authors: Wu, Jiang;Chang, Chun-Tao;Cheng, Mei-Chuan;Teng, Jinn-Tsair;Faisal, B. Al-khateeb
    Keywords: Inventory;fresh produce;expiration date;shelf space;time-varying demand
    Date: 2016/09/01
    Issue Date: 2017-02-14 02:10:55 (UTC+8)
    Abstract: In today's health-conscience markets, the demand for fresh produce is growing constantly. Additionally, the demand for fresh produce also depends on how fresh it is and the size of its shelf space for displayed stocks which may attract more consumers to buy it. Furthermore, perishable or deteriorating items deteriorates over time and their expiration dates are often an important factor in consumers’ purchase decision. As a result, in this paper, we assume that the demand for fresh produce is a time-varying function of its freshness, displayed volume, and expiration date. With the demand being freshness-and-stock-dependent, it may be profitable to maintain high stock level at the end of the replenishment cycle. Hence, we relax the traditional assumption of zero ending inventory to non-zero ending inventory. Consequently, the proposed objective is to determine the optimal replenishment cycle time and ending inventory level in order to maximise the annual total profit. Then we prove that the annual total profit is strictly pseudo-concave with respect to both decision variables, which simplifies the search for the global solution to a local optimal. Numerical examples are then presented to highlight the theoretical implications and managerial insights.
    Relation: International Journal of Systems Science 3(3), pp.138-147
    DOI: 10.1080/23302674.2015.1068880
    Appears in Collections:[經濟學系暨研究所] 期刊論文

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML93View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback