Adaptive inventory control system for material items with continuous non-stationary demand

A Queueing-inventory System with Defective Items and Poisson Demand

Abstract In this paper we consider a system consisting of a retailer, a supplier with a single processing unit, and a repair center. We assume that the retailer faces a Poisson demand, his ordering cost is zero or negligible, and for his inventory control he applies one-for-one ordering policy, that is, as soon as a demand arrives he orders one unit to the supplier. We also assume that when a d...

Production-Inventory System of Deteriorating Items with Inflation Induced Demand

This paper considers the impact of inflation on the EPQ model for deteriorating items subject to random machine breakdowns and fixed maintenance period. The demand rate is assumed to be a function of inflation and the demand increase due to inflation. The objective is to determine the optimal production uptime that minimizes the present value of expected total costs per unit time consisting of ...

On Computing Order Quantities for Perishable Inventory Control with Non-stationary Demand

We study the global optimal solution for a planning problem of inventory control of perishable products and non-stationary demand.

Inventory control for a perishable product with non-stationary demand and service level constraints

We study the practical production planning problem of a food producer facing a non-stationary erratic demand for a perishable product with a fixed life time. In meeting the uncertain demand, the food producer uses a FIFO issuing policy. The food producer aims at meeting a certain service level at lowest cost. Every production run a set-up cost is incurred. Moreover, the producer has to deal wit...

Analysis of a Forecasting-Production-Inventory System with Stationary Demand