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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/19863

    Title: A note on periodic review inventory model with controllable setup cost and lead time
    Authors: Chuang, Bor-Ren;歐陽良裕;Ouyang, Liang-yuh;Chuang, Kai-wayne
    Contributors: 淡江大學經營決策學系
    Keywords: Inventory;Periodic review;Setup cost;Lead time;Minimax distribution free procedure
    Date: 2004-04
    Issue Date: 2009-11-30 12:24:49 (UTC+8)
    Publisher: Elsevier
    Abstract: In this study, we investigate the periodic review inventory models with a mixture of backorders and lost sales by controlling lead time and setup cost simultaneously to reduce the inventory operating cost. It is assumed that the probability distribution of the protection interval, i.e., review period plus lead time, demand is unknown but its first two moments are given, we apply the minimax distribution free procedure to solve this problem. An algorithm to find the optimal solutions is developed. Specifically, from the results of numerical examples, it can be shown that, the significant savings can be achieved through the reductions of lead time and setup cost.
    Relation: Computers & Operations Research 31(4), pp.549-561
    DOI: 10.1016/S0305-0548(03)00013-3
    Appears in Collections:[Department of Management Sciences] Journal Article

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