Determining Optimal Lot Size for Perishable Items with Capacity Constraint and Exponential Partial Backlogging When Inventories Stimulate Demand

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Title:	Determining Optimal Lot Size for Perishable Items with Capacity Constraint and Exponential Partial Backlogging When Inventories Stimulate Demand
Authors:	Ouyang, Liang-Yuh;Hsieh, Tsu-Pang;Dye, Chung-Yuan
Contributors:	淡江大學管理科學研究所
Keywords:	EOQ;Stock-dependent demand;Perishable item;Partial backlogging
Date:	2006-12
Issue Date:	2014-02-12 02:22:19 (UTC+8)
Abstract:	In this paper, a deterministic inventory model is developed for deteriorating items with stock-dependent demand and finite shelf/display space. Furthermore, we allow for shortages and the unsatisfied demand is partially backlogged at a negative exponential rate with the waiting time. Under these assumptions, we first show that the optimal replenishment policy not only exists but also is unique under different circumstances. Subsequently, numerical examples are presented to illustrate the application of developed model.
Relation:	中國工業工程學會95年度年會暨學術研討會論文集(CIIE2006)，9頁
Appears in Collections:	[Department of Management Sciences] Proceeding

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