Kumaraswamy Ponnambalam

[ 1 ] - Introducing a New Formulation for the Warehouse Inventory Management Systems: with Two Stochastic Demand Patterns

This paper presents a new formulation for warehouse inventory management in a stochastic situation. The primary source of this formulation is derived from FP model, which has been proposed by Fletcher and Ponnambalam for reservoir management. The new proposed mathematical model is based on the first and the second moments of storage as a stochastic variable. Using this model, the expected value...