(1, T) POLICY FOR A TWO-ECHELON INVENTORY SYSTEM WITH PERISHABLEON- THE-SHELF ITEMS

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MAHMOODI ANWAR; HAJI ALIREZA

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Journal Paper

Paper Information

Journal: JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING) Year:2014 | Volume:8 | Issue:3 (16) Page(s): 31-40

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Information Journal Paper

Title

(1, T) POLICY FOR A TWO-ECHELON INVENTORY SYSTEM WITH PERISHABLEON- THE-SHELF ITEMS

Author(s)

MAHMOODI ANWAR | HAJI ALIREZA | Issue Writer Certificate

Keywords

T) POLICY

(S-1

S) POLICY

TWO-ECHELON INVENTORY SYSTEM

PERISHABLE ITEMS

Abstract

This paper deals with an inventory system with one central warehouse and a number of identical retailers. We consider perishable-on-theshelf items; that is, all items have a fixed shelf life and start to age on their arrival at the retailers. Each retailer faces Poisson demand and employs (1, T) inventory policy. Although demand not met at a retailer is lost, the unsatisfied demand at the central warehouse is backordered. In this study, the long-run system total cost rate is derived. Moreover, a proposition is proved to define a domain for the optimal solution. Also, a search algorithm is presented to obtain this solution. Further, we extend the existent paper of the well-known (S-1, S) policy to cope with our considered model. Finally, in a numerical study, we compare (1, T) policy with (S-1, S) policy in terms of system total cost. The results reveal that when transportation time from the central warehouse to the retailers is long, the (1, T) policy outperforms the (S-1, S) policy.

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APA: Copy

MAHMOODI, ANWAR, & HAJI, ALIREZA. (2014). (1, T) POLICY FOR A TWO-ECHELON INVENTORY SYSTEM WITH PERISHABLEON- THE-SHELF ITEMS. JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), 8(3 (16)), 31-40. SID. https://sid.ir/paper/630405/en

Vancouver: Copy

MAHMOODI ANWAR, HAJI ALIREZA. (1, T) POLICY FOR A TWO-ECHELON INVENTORY SYSTEM WITH PERISHABLEON- THE-SHELF ITEMS. JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING)[Internet]. 2014;8(3 (16)):31-40. Available from: https://sid.ir/paper/630405/en

IEEE: Copy

ANWAR MAHMOODI, and ALIREZA HAJI, “(1, T) POLICY FOR A TWO-ECHELON INVENTORY SYSTEM WITH PERISHABLEON- THE-SHELF ITEMS,” JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), vol. 8, no. 3 (16), pp. 31–40, 2014, [Online]. Available: https://sid.ir/paper/630405/en

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