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A Two-warehouse Inventory Model for Newsvendor-type Products...

A Two-warehouse Inventory Model for Newsvendor-type Products with Two Ordering Opportunities

作     者:WANG Junping1a,1b,YANG Jianbo1b,2,ZUH Huixia1c1 a.School of Mathematics b.School of Management c.School of Chemical Engineering Hefei University of Technology,Hefei 30009,P.R.China 2 Manchester Business School,The University of Manchester,Manchester M15 6PB,UK 

会议名称:《第二十九届中国控制会议》

会议日期:2010年

学科分类:12[管理学] 02[经济学] 0202[经济学-应用经济学] 1202[管理学-工商管理] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020205[经济学-产业经济学] 07[理学] 070104[理学-应用数学] 0701[理学-数学] 

基  金:supported by National Nature Science Foundation of China under Grant number 70771034,70772029 A Foundation for the Author of National Excellent Doctoral Dissertation of PR China under grant number 200565 

关 键 词:Inventory Newsvendor problem Random demand Two warehouses 

摘      要:Almost all the studies to date on the two-warehouse(one is an owned warehouse,denoted by OW,and the otheris a rented warehouse,denoted by RW) inventory problem concentrated on the deterministic demand *** practice,however,it is very common for a distributor that sells the seasonal goods with random demand to store excess inventory in rented warehouses when the storage capacity of the owned warehouse is not ***,this paper develops a stochastic inventory model for new svendor-type products with two warehouses and a mixture of backorders and lost *** the exiting news vendor models,it is assumed in the present paper that the inventory system has two ordering opportunities and is willing to place a second order to meet part of unfilled demand at the selling period only if the backordered demand exceeds a threshold *** existence and the uniqueness of the solution to relevant systems are examined,and the sufficient and necessary condition of judging whether to rent RW and the solution procedure of the considered model are presented as *** last,numerical example is implemented to illustrate the application of the model.

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