Analysis of postponement strategy for perishable items by EOQ-based models

doi:10.1016/j.ijpe.2006.01.007

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	Analysis of postponement strategy for perishable items by EOQ-based models
	Li, Jian ; Cheng, T. C. Edwin ; Wang, Shouyang
	2007-05-01
发表期刊	INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
ISSN	0925-5273
卷号	107 期号:1 页码:31-38
摘要	This paper develops economic-order-quantity model (EOQ)-based models with perishable items to evaluate the impact of a form postponement strategy on the retailer in a supply chain. We formulate models for a postponement system and an independent system to minimize the total average cost function per unit time for ordering and keeping n perishable end-products. An algorithm is given to derive the optimal solutions of the proposed models. The impact of the deterioration rate on the inventory replenishment policies is studied with the help of theoretical analysis and numerical examples. Our theoretical analysis and computational results show that a postponement strategy for perishable items can give a lower total average cost under certain circumstances. (c) 2006 Elsevier B.V. All rights reserved.
关键词	postponement strategy economic-order-quantity model (EOQ) perishable items inventory management
DOI	10.1016/j.ijpe.2006.01.007
语种	英语
WOS研究方向	Engineering ; Operations Research & Management Science
WOS类目	Engineering, Industrial ; Engineering, Manufacturing ; Operations Research & Management Science
WOS记录号	WOS:000245495100003
出版者	ELSEVIER SCIENCE BV
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/5120
专题	系统科学研究所
通讯作者	Cheng, T. C. Edwin
作者单位	1.Hong Kong Polytech Univ, Dept Logist, Kowloon, Hong Kong, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Inst Syst Sci, Beijing 100080, Peoples R China 3.Qufu Normal Univ, Sch Math, Shandong 273165, Peoples R China
推荐引用方式 GB/T 7714	Li, Jian,Cheng, T. C. Edwin,Wang, Shouyang. Analysis of postponement strategy for perishable items by EOQ-based models[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,2007,107(1):31-38.
APA	Li, Jian,Cheng, T. C. Edwin,&Wang, Shouyang.(2007).Analysis of postponement strategy for perishable items by EOQ-based models.INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS,107(1),31-38.
MLA	Li, Jian,et al."Analysis of postponement strategy for perishable items by EOQ-based models".INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS 107.1(2007):31-38.