Analysis of the effect of various unit costs on the optimal incoming quantity in a perishable inventory model

Article Abstract:

A perishable inventory model is used to examine the effect of four unit costs: ordering, holding, shortage and outdating costs, on the optimal incoming quantity for the case of one lead-time. The ordering, the holding, and the outdating costs have an inverse relationship with the optimal incoming quantity, whereas the shortage cost has a direct relationship with the optimal incoming quantity.

Sales Promotion, Sales promotions, Perishable goods

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Two-warehouse inventory models for deteriorating items with shortages under inflation

Article Abstract:

The two-warehouse inventory problem for deteriorating items with constant demand rate and shortages under inflation is discussed. The comparison of the two two-warehouse inventory models shows that the proposed model is less expensive to operate than the traditional one if the inflation rate is greater than zero.

Warehousing and Storage, Warehousing, Public Warehousing and Storage, Evaluation, Influence, Inflation (Finance), Inflation (Economics), Warehouse management software

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Decentralized inventory control in a two-level distribution system

Article Abstract:

Research is presented concerning the development of a model which can be used with a two-level distribution system for inventory control which is decentralized. Cost-structuring and batch-ordering are discussed.

Research, Stochastic analysis, Batch processing, Supply-side economics, Decentralization (Management)

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