This paper presents the new mathematical model for determining the optimal ordering policy for industrial and commercial companies. In the previous research, the numerous inventory models under inflationary conditions have been developed. In these models, the demand rate, usually, has been considered constant and well known, time-varying, stock dependent or price-dependent. But, the demand rate...

We consider the problem of preparing for a disaster season by determining where to open warehouses and how much relief item inventory preposition in each. Then, after each disaster, prepositioned items are distributed demand nodes during post-disaster phase, additional procured as needed. There is often uncertainty level, affected areas’ locations, items, usable fraction post-disaster, procurem...

We consider an inventory model for spare parts with two stockpoints, providing repairable parts for a critical component of advanced technical systems. As downtime costs for these systems are huge, ready-for-use spare parts are kept on stock, to be able to quickly respond to a breakdown of a system. We allow for lateral transshipments of parts between the stockpoints upon a demand arrival for a...

This paper presents a multiobjective continuous covering location problem in fuzzy environment. Because of uncertain covering radius, possibility of covering concept is introduced.Since, the uncertainty may cause risk of uncovering customers; the problemis formulated as a risk management model. The presented model is an extension of the discrete covering location models tocontinuous space. Two ...

In this research, we consider a retailer selling products from two different generations, both with limited inventory over a predetermined selling horizon. Due to the spatial constraints or the popularity of a given product, the retailer may only display goods from one specific generation. If the transaction of the displayed item cannot be completed, the retailer may provide an alternative from...

A lmost everywhere, routing plays an important role in everyday life. This thesis consists of three parts, each studying different applications where routing decisions are coordinated with other decisions. In the first part, an application concerning waste management is presented. Many industries generate garbage, and instead of handling the waste disposal themselves, other companies, specializ...

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...

In managing an inventory network, two approaches to the pooling of stock have been proposed. Reactive transshipments respond to shortages at a location by moving inventory from elsewhere within the network, while proactive stock redistribution seeks to minimize the chance of future stockouts. This paper is the first to propose an enhanced reactive approach in which individual transshipments are...

This study considers a supply chain that consists of n retailers, each of them facing a newsvendor problem, and a supplier. Groups of retailers might increase their expected joint profit by joint ordering and inventory centralization. However, we assume that the retailers impose some level of stock that should be dedicated to them. In this situation, we show that the associated cooperative game...