A multi-item periodic replenishment policy with full truckloads

In this paper we consider a stochastic multi item inventory problem. A retailer sells multiple products with stochastic demand and is replenished periodically from a supplier with ample stock. At each order instant it is decided which product to order and how much to order. For the delivery of the products trucks with a finite capacity are available. The dispatched trucks arrive at the retailer...

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Replenishment Cycle Policy Parameters for a Perishable Item

In many industrial environments there is a significant class of problems for which the perishable nature of the inventory cannot be ignored in developing replenishment order plans. Food is the most salient example of a perishable inventory item. In this work, we consider the periodic-review, single-location, single-product production/inventory control problem under non-stationary stochastic dem...

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A Note on the Criteria of Optimal Solution for Replenishment Policy for Ameliorating Item with Shortages

Ameliorating products are frequently seen in stock management. Considering ramp type pattern of time dependent demand for such products is a justification for the development of related inventory theory. In a recently published paper by Singh et al. (2011), such kind of problem is discussed. However, the solution given by author is incomplete because that fails to depict the case for optimal re...

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A Note on the Criteria of Optimal Solution for Replenishment Policy for Ameliorating Item with Shortages

Ameliorating products are frequently seen in stock management. Considering ramp type pattern of time dependent demand for such products is a justification for the development of related inventory theory. In a recently published paper by Singh et al. (2011), such kind of problem is discussed. However, the solution given by author is incomplete because that fails to depict the case for optimal re...

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A Note on the Criteria of Optimal Solution for Replenishment Policy for Ameliorating Item with Shortages

Ameliorating products are frequently seen in stock management. Considering ramp type pattern of time dependent demand for such products is a justification for the development of related inventory theory. In a recently published paper by Singh et al. (2011), such kind of problem is discussed. However, the solution given by author is incomplete because that fails to depict the case for optimal re...

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A multi-item periodic replenishment policy with full truckloads

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