We study a joint inventory and pricing problem in a single-stage system with a positive lead time. We consider both additive and multiplicative demand forms. This problem is, in general, intractable due to its computational complexity. We develop a simple heuristic that resolves this issue. The heuristic involves a myopic pricing policy that generates each period’s price as a function of the in...

in this paper, the distribution network for multi-level supply chain has been studied. products produced in factories are sent to customers through warehouses and distribution centers based on specific demands. warehouses as holding inventory facilities are located close to factories and the distribution centers are placed in the most accessible locations for services near customers. each item ...

This paper aims to investigate the integrated production/distribution and inventory planning for perishable products with fixed life time in the constant condition of storage throughout a two-echelon supply chain by integrating producers and distributors. This problem arises from real environment in which multi-plant with multi-function lines produce multi-perishable products with fixed life ti...

One of the most important points in a supply chain is customer-driven modeling, which reduces the bullwhip effect in the supply chain, as well as the costs of investment on the inventory and efficient transshipment of the products. Their homogeneity is reflected in the Inventory Routing Problem, which is a combination of distribution and inventory management. This paper expands the classical In...

While the Edinburgh Handedness Inventory has been widely used, there have been few studies assessing its factorial validity. There is evidence that the original instructions and response options are difficult to understand. Using simplified instructions and response options, the Edinburgh Handedness Inventory was administered on a sample of 1514 participants using an online questionnaire. In ac...

 Abstract : In this paper a meta-heuristic approach has been presented to solve lot-size determination problems in a complex multi-stage production planning problems with production capacity constraint. This type of problems has multiple products with sequential production processes which are manufactured in different periods to meet customer’s demand. By determining the decision variables, mac...

The paper takes the operation center of D company as an example, studies the packing material inventory control. Grouping by ABC classification, the paper establishes the joint order of multi-item inventory control model to determine the optimal order cycle, achieving the purpose of reducing inventory levels and inventory cost. Keywords-packing materials; inventory; joint order; multi-item

This paper studies a single-item production planning problem for a manufacturing firm. Besides being able to acquire raw material from an external supplier, the firm may also face an incoming stream of internally supplied raw material. In addition, outsourcing may serve as an alternative to in-house production for the firm to satisfy its demands. Attention is focused on the case where acquisiti...

We consider a retailer with limited inventories of identically priced, substitutable products. Customers arrive sequentially and the firm decides which subset of products to offer to each arriving customer depending on the customer’s preferences, the inventory levels, and the remaining time in the season. We show that the optimal assortment policy is to offer all available products if the custo...

This paper proposes a simplified binary version of the artificial fish swarm algorithm (S-bAFSA) for solving 0–1 quadratic knapsack problems. This is a combinatorial optimization problem, which arises in many fields of optimization. In S-bAFSA, trial points are created by using crossover and mutation. In order to make the points feasible, a random heuristic drop item procedure is used. The heur...