The impact of global financial crisis has appeared and now influence in logistic industry. Under this flinty situation, how to improve the productivity and reduce the operating costs are very important issues for enterprises. Radio frequency identification (RFID) used in automatic warehouse management system can make the management of storage, transportation and distribution more efficient, acc...

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...

The Economic Order Quantity (EOQ) problem is a fundamental problem in supply and inventory management. In its classical setting, solutions are not affected by the warehouse capacity. We study a type of EOQ problem where the (maximum) warehouse capacity is a decision variable. Furthermore, we assume that thewarehouse cost dominates all the other inventory holding costs. We call this the EOQ-Max ...

We consider a single-item, two-echelon spare parts inventory model for repairable parts for capital goods with high down time costs. The inventory system consists of a central warehouse and multiple local warehouses, from where customers are served, and a central repair facility at an external supplier. When a part fails at a customer, his request for a ready-for-use part is immediately fulfill...

This paper presents a mathematical model of inventory control problem for determining the minimum total cost of multi-item multi-objective inventory model with fuzzy estimated price dependent demand, fuzzy deterioration and possible constraints. Here, three constraints we have taken; they are warehouse space constraint, investment amount constraint and the third constraint is the percentage of ...

This paper proposes an RFID-based Inventory Control and Management System (RICMS) for manufacturing enterprises. It aims to collect accurate real-time data relating to transactions of physical stock items for enhancing product life cycle management. In RICMS, the business logic for classifying transactions associated with specific product movements is encoded as a set of decision rules. These r...

In this paper, a supply chain model with power form stock-dependent demand rate is developed, incorporating the effect of learning and inflationary environment. In order to bring their research closer to reality, all the cost parameters involved in the model are considered fuzzy in nature. The demand rate is assumed to be a polynomial form of current inventory level in Own-warehouse. To display...

In his paper a deterministic two warehouse Electronic component inventory model for deteriorating items, timedependent demand, variable holding cost and vector evaluated genetic algorithm has been developed under assumption that the Electronic component inventory cost including time-dependent demand, holding cost, vector evaluated genetic algorithm and deterioration cost in Rented Warehouse is ...

The inventory system under consideration consists of one central warehouse and an arbitrary number of retailers controlled by a continuous review inventory policy (R;Q). Independent Poisson demands are assumed with constant transportation times for all retailers and a constant lead time for replenishing orders from an external supplier for the warehouse. Unsatis ed demands are assumed to be los...