Retailer’S Lot-Sizing Policy Under Two Warehouses and Two Levels of Delay Permitted Using Algebraic Method
Yugoslav journal of operations research, Tome 17 (2007) no. 1, p. 55
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The main purpose of this paper is to modify Huang’s model [13] by
considering two warehouses. In addition, we try to use algebraic method to determine the
optimal lot-sizing policy for the retailer under two warehouses and two levels of delay
permitted. This paper provides this algebraic approach that could be used easily to
introduce the basic inventory theories to younger students who lack the knowledge of
calculus. Furthermore, we develop three easy-to-use theorems to efficiently determine the
optimal cycle time and optimal lot sizing for the retailer. As a result, we deduce some
previously published results of other researchers as special cases. Finally, a numerical
example is given to illustrate these theorems obtained in this paper. In addition, we obtain
a lot of managerial insights from this numerical example.
Classification :
90B06 90B05
Keywords: EOQ, inventory, two warehouses, two levels of delay permitted, algebraic method.
Keywords: EOQ, inventory, two warehouses, two levels of delay permitted, algebraic method.
@article{YJOR_2007_17_1_a4,
author = {Yung-Fu Huang and Chih-Sung Lai},
title = {Retailer{\textquoteright}S {Lot-Sizing} {Policy} {Under} {Two} {Warehouses} and {Two} {Levels} of {Delay} {Permitted} {Using} {Algebraic} {Method}},
journal = {Yugoslav journal of operations research},
pages = {55 },
year = {2007},
volume = {17},
number = {1},
zbl = {1274.90045},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2007_17_1_a4/}
}
TY - JOUR AU - Yung-Fu Huang AU - Chih-Sung Lai TI - Retailer’S Lot-Sizing Policy Under Two Warehouses and Two Levels of Delay Permitted Using Algebraic Method JO - Yugoslav journal of operations research PY - 2007 SP - 55 VL - 17 IS - 1 UR - http://geodesic.mathdoc.fr/item/YJOR_2007_17_1_a4/ LA - en ID - YJOR_2007_17_1_a4 ER -
%0 Journal Article %A Yung-Fu Huang %A Chih-Sung Lai %T Retailer’S Lot-Sizing Policy Under Two Warehouses and Two Levels of Delay Permitted Using Algebraic Method %J Yugoslav journal of operations research %D 2007 %P 55 %V 17 %N 1 %U http://geodesic.mathdoc.fr/item/YJOR_2007_17_1_a4/ %G en %F YJOR_2007_17_1_a4
Yung-Fu Huang; Chih-Sung Lai. Retailer’S Lot-Sizing Policy Under Two Warehouses and Two Levels of Delay Permitted Using Algebraic Method. Yugoslav journal of operations research, Tome 17 (2007) no. 1, p. 55 . http://geodesic.mathdoc.fr/item/YJOR_2007_17_1_a4/