A Joint Replenishment Inventory Model for Imperfect Quality Items with Shortages

Main Authors: Ai, The Jin, Astanti, Ririn Diar
Format: Proceeding PeerReviewed Book
Bahasa: eng
Terbitan: , 2015
Subjects:
Online Access: http://e-journal.uajy.ac.id/19253/2/Paper%2033%20APIEMS%202015%20Joint%20Replenishment.pdf
http://e-journal.uajy.ac.id/19253/1/Paper%2033%20Peer%20Review.pdf
http://e-journal.uajy.ac.id/19253/
Daftar Isi:
  • An n items joint replenishment inventory problem is considered here, where the demand of each items are constant and deterministic. A joint replenishment is conducted periodically every T time intervals. However, all items may not be included in each replenishment. Item i is only included every Z T t. Mathematical model is formulated in order to determining the basic time cycle T, replenishment multiplier Z, and backordering quantity B in order to maximize the expected total profit per unit time. A solution methodology is proposed for solve the model and a numerical example is provided for demonstrating the effectiveness of the proposed methodology