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    Title: Lead time and ordering cost reductions in continuous review inventory systems with partial backorders
    Authors: 歐陽良裕;Ouyang, L. Y.;陳正綱;Chen, Cheng-kang;Chang, H. C.
    Contributors: 淡江大學經營決策學系
    Keywords: inventory;ordering cost reduction;distribution free lead time
    Date: 1999-12
    Issue Date: 2009-11-30 12:21:24 (UTC+8)
    Publisher: Palgrave Macmillan
    Abstract: This paper investigates the impact of ordering cost reduction on the modified continuous review inventory systems involving variable lead time with a mixture of backorders and lost sales. The objective is to simultaneously optimise the order quantity, ordering cost, reorder point and lead time. We first assume the lead time demand follows a normal distribution, then relax this assumption to consider the distribution free case where only the mean and variance of lead time demands are known. An algorithm procedure of finding the optimal solution is developed, and two numerical examples are given to illustrate the results.
    Relation: Journal of the operational research society 50(12), pp.1272-1279
    DOI: 10.1057/palgrave.jors.2600840
    Appears in Collections:[企業管理學系暨研究所] 期刊論文
    [管理科學學系暨研究所] 期刊論文

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