Solving a Novel Inventory Location Model with Stochastic Constraints and(R,s,S)Inventory Control Policy

Optimizing a bi-objective vendor-managed inventory of multi-product EPQ model for a green supply chain with stochastic constraints

In this paper, a bi-objective multi-product single-vendor single-buyer supply chain problem is studied under green vendor-managed inventory (VMI) policy based on the economic production quantity (EPQ) model. To bring the model closer to real-world supply chain, four constraints of model including backordering cost, number of orders, production budget and warehouse space are considered stochasti...

inventory control model with stochastic period lneght and delayed payment

in classic inventory control system, we assume that purchasing cost should be paid at time of delivery. but sometimes in order to encourage retailer to increase his order, postpond payment is provided by supplier as an incentive policy for retailer. in this paper a periodic inventory control model is invetigated in which the period between two consecutive replenishmnet is a random variable. in ...

The Stochastic Location-Inventory Network Design Model with Risk Pooling

The stochastic location-inventory network design model with risk pooling considers the distribution network design problem in which all the retailers face uncertain demand. The riskpooling benefits can be achieved by allowing some of the retailers to operate as distribution centers (DCs) for other retailers to commit a given service level. The target is to minimize the expected total cost of DC...

A Location-Inventory Model with Lateral Transshipments

a model and extended algorithm for solving an inventory control problem with transportation costs

in this paper, a supplier-retailer transportation system is investigated as a two-echelon environment. there is a single location in each echelon; the unique supplier at the first echelon has to replenish the retailer's warehouse at the second echelon. by the way, the shortage situation should be avoided. for this situation, a model is provided based on the traditional eoq model. the inven...