Developing (1, T) Policy for Two-level Inventory Systems with non-Identical Retailers and Perishable Items

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MAHMOODI A.; SADEGHI H.A.

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Operational Research in its Applications Year:2020 | Volume:17 | Issue:2 (65) Page(s): 27-46

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

410

Download:

Cites:

Information Journal Paper

Title

Developing (1, T) Policy for Two-level Inventory Systems with non-Identical Retailers and Perishable Items

Author(s)

MAHMOODI A. | SADEGHI H.A. | Issue Writer Certificate

Keywords

Inventory ControlQ1

(1Q1

T) PolicyQ1

Two-Level SystemQ1

Perishable ItemQ1

Abstract

This paper deals with a two-level inventory system consisting of a central warehouse and an arbitrary number of non-identical retailers with (1, T) ordering policy. It is assumed that the ﬁ xed ordering cost at retailers is negligible; however, it has a positive value at central warehouse. Perishable items with fixed shelf life are considered for which the aging begins immediately on their arrival at central warehouse. Although the demand of retailers is random and follows Poisson distribution, demand of the central warehouse could be determined deterministically due to the (1, T) ordering policy of retailers. Therefore, the central warehouse employs a periodic policy with a fixed time period. In this study, the approximated total cost function of the inventory system is derived. Then due to the complexity of the cost function, a metaheuristic algorithm named Differential Evolutionary algorithm, is utilized to find the optimal or near-optimal solutions. Finally, a numerical experiment is carried out to demonstrate the accuracy of the model, which shows that the used approximation works rather well.

Cites

No record.

References

No record.

Cite

APA: Copy

MAHMOODI, A., & SADEGHI, H.A.. (2020). Developing (1, T) Policy for Two-level Inventory Systems with non-Identical Retailers and Perishable Items. JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS), 17(2 (65) ), 27-46. SID. https://sid.ir/paper/406966/en

Vancouver: Copy

MAHMOODI A., SADEGHI H.A.. Developing (1, T) Policy for Two-level Inventory Systems with non-Identical Retailers and Perishable Items. JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS)[Internet]. 2020;17(2 (65) ):27-46. Available from: https://sid.ir/paper/406966/en

IEEE: Copy

A. MAHMOODI, and H.A. SADEGHI, “Developing (1, T) Policy for Two-level Inventory Systems with non-Identical Retailers and Perishable Items,” JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS), vol. 17, no. 2 (65) , pp. 27–46, 2020, [Online]. Available: https://sid.ir/paper/406966/en

Related Journal Papers