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Optimal Decision of Components Ordering for Two Kinds of Sub...

Optimal Decision of Components Ordering for Two Kinds of Substitutable and Perishable Products

作     者:Wenjuan Zhao Meiling Feng Bin Sun Junqing Sun 

作者单位:Tianjin Key Laboratory of Intelligence Computing and Novel Software Technology Tianjin University of Technology 

会议名称:《第37届中国控制会议》

会议日期:2018年

学科分类:12[管理学] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 

基  金:financially supported by National Nature Science Foundation under Grant 71501141 developing foundation of Science and technology for the universities in Tianjin under the grant 20140726 

关 键 词:Perishable products Substitutable demand Optimal decision of component ordering Discrete optimization mode 

摘      要:This paper investigates the optimal decision of components ordering for a dealer who assembles and sells the two kinds of substitutable and perishable products. In the case of uncertain product demand, when the dealer encounter old product out of stock, they can use the hybrid product or the new product to meet the demand of the old product users. A discrete stochastic optimization model, which takes maximizing its expectation of net income as its objective and use satisfaction rate of the customer demands as the stochastic constraints and in which the substitutable strategy, is taken into account, is proposed for the ordering sizes of the two kinds of substitutable and perishable products. Then this paper analyzes the properties of the model with and without the stochastic constraint, proves the existence of the optimal solution by applying the method of marginal analysis and gives the algorithm of finding the optimal solution. Finally, this paper employs some simulated data cases to verify the validity of the algorithm and the method proposed in this paper and puts forward some management insights for the dealer.

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