Replenishment policy
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Then, we analyze a special case that considers only one uncapacitated supplier and a buyer with price-sensitive demand in a serial supply chain. An efficient heuristic is developed for this case to obtain a near optimal solution in a timely manner. Finally, we provide a series of numerical examples to illustrate our results and analyze the impact of the parameters within a sensitivity analysis.
19p longtimenosee10 26-04-2024 3 1 Download
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This study aims to create eight scenarios of varying inventory replenishment policies for one fast moving consumer goods (FMCG) organisation. The aim is to provide the supply chain manager with alternative options for lower inventory and yet be able to service the FMCG businesses at lowest cost. The results show that this allows supply chain managers to pick the scenario that optimises an organisation’s resources and competitive strategy.
7p longtimenosee07 29-03-2024 3 2 Download
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The major objective of this article is to derive the inventory models for deteriorating items by maximizing the total profit of the retailer.
18p tocectocec 24-05-2020 12 0 Download
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In this paper, we establish a multi-item inventory model to determine the optimal inventory replenishment policy for the economic production quantity (EPQ) model for imperfect, deteriorating items with multiple productions and rework under inflation and learning environment.
14p toritori 11-05-2020 32 2 Download
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In this paper, we have assumed that a retailer sells the new product to customers as well as collects and sells the used products. We adopt a price dependent quadratic demand function, and the return of used product as a price and time-dependent linear function.
9p danhnguyentuongvi27 19-12-2018 27 4 Download
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The inventory-level demand reflects a real market demand for product whose sales is enhanced by stock on display. We study a case base examples to gain some quantitative insight into the proposed model and we perform sensitivity analysis to draw some managerial implications.
15p danhnguyentuongvi27 19-12-2018 21 0 Download
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The rented warehouse is provided with better facility for the stock than the owned warehouse, but is charged more. The objective of this model is to find the best replenishment policies for minimizing the total appropriate inventory cost. A numerical illustration and sensitivity analysis are provided.
16p vinguyentuongdanh 19-12-2018 26 0 Download
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This study develops an inventory model to determine ordering policy for deteriorating items with constant demand rate under inflationary condition over a fixed planning horizon. Shortages are allowed and are partially backlogged. In today’s wobbling economy, especially for long term investment, the effects of inflation cannot be disregarded as uncertainty about future inflation may influence the ordering policy.
20p vinguyentuongdanh 19-12-2018 34 0 Download
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In practice, a firm usually receives trade credit financing from its supplier on the purchase of inventory. Similarly, in order to meet competition and generate credit sales over and above cash sales, the firm also gives credit period to their customers. However, the decision of granting credit period may have a disintegrating effect on cash sales apart from generating new credit sales because some of the cash customers may switch to credit purchase.
26p vinguyentuongdanh 19-12-2018 21 1 Download
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In this article, we study inventory models to determine the optimal special order and maximum saving cost of imperfective items when the supplier offers a temporary discount. The received items are not all perfect and the defectives can be screened out by the end of 100% screening process. Three models are considered according to the special order that occurs at regular replenishment time, non-regular replenishment time, and screening time of economic order quantity cycle.
22p vinguyentuongdanh 19-12-2018 17 0 Download
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In this paper, an inventory model with general ramp-type demand rate, partial backlogging of unsatisfied demand and time-varying holding cost is considered; where the “Time-varying holding cost” means that the holding cost is a function of time, i.e. it is time dependent. The model is studied under the following different replenishment policies: (1) starting with no shortages (2) starting with shortages.
18p vinguyentuongdanh 19-12-2018 23 0 Download
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This paper deals with the effects of inflation and time discounting on an inventory model with general ramp type demand rate, time dependent (Weibull) deterioration rate and partial backlogging of unsatisfied demand. The model is studied under the replenishment policy, starting with shortages under two different types of backlogging rates, and their comparative study is also provided. We then use the computer software, MATLAB to find the optimal replenishment policies.
15p vinguyentuongdanh 19-12-2018 44 0 Download
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This paper is an extension of Deng et al. (2007) that was published in the European Journal of Operational Research. We have generalized their model from ramp type demand to arbitrary positive demand while theoretically discovering an important phenomenon: The optimal solution is actually independent of the demand as pointed out by Wou (2010), Hung (2011) and Lin (2011).
7p vinguyentuongdanh 19-12-2018 17 0 Download
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The main purpose of this paper is to modify Goyal’s model to allow the unit selling price and the unit purchasing price not necessarily be equal to reflect the real-life situations. Furthermore, this paper will adopt different payment rule. We assume that the retailer uses sales revenue during the permissible credit period to make payment to the supplier at the end of the credit period.
16p vinguyentuongdanh 20-12-2018 19 0 Download
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The Debt Sustainability Framework sets out a proposal by the World Bank for identifying countries in actual or potential debt distress situations leading to a formula for determining grant eligibility within the amounts to be allocated during the Fourteenth Replenishment of IDA. It attempts to classify countries based on the performance of their institutions and policies and determine thresholds for selected debt indicators for each country grouping and then estimate the level of debt distress as measured by the forecast levels of the selected indicators from the country DSAs.
87p denngudo 21-06-2012 98 12 Download
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. The framework summarized in the paper 1 starts with a grouping of all low income countries in accordance with the performance of institutions and effectiveness of policies followed by choices of the most appropriate thresholds for the selected debt burden indicators. It is understood that DSAs will become dynamic in nature capturing information as they become available during each replenishment period rather than holding them static for each period. The preparation of forward-looking DSAs will be a development that will take place during IDA 14.
7p thuytinh_den 11-07-2010 87 8 Download
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The starting point for the allocation of grants is the system in place for allocating IDA funds based on the PBA system that was described in the previous section. This ensures the link with policy performance that has increasingly been the basis on which IDA funds have been allocated in successive replenishments. Thereafter, the country groupings based on debt distress are used to allocate grant funds within the IDA country allocations that have been determined.
6p thuytinh_den 11-07-2010 92 7 Download
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The Thirteenth Replenishment Agreement of the World Bank’s International Development Association (IDA), covering the period 2003-5 inclusive, introduced grant financing for the first time in IDA’s 40-year history. The Agreement recognized that unsustainable levels of debt should be a criterion for eligibility of grants for low-income borrowers, along with criteria such as the exigencies of natural disasters, conflict and the HIV/AIDS pandemic. In IDA 13, each borrower was subject to a cap of grant funding equivalent to 40 percent of its total IDA allocation.
12p thuytinh_den 11-07-2010 128 18 Download
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The Debt Sustainability Framework sets out a proposal by the World Bank for identifying countries in actual or potential debt distress situations leading to a formula for determining grant eligibility within the amounts to be allocated during the Fourteenth Replenishment of IDA. It attempts to classify countries based on the performance of their institutions and policies and determine thresholds for selected debt indicators for each country grouping and then estimate the level of debt distress as measured by the forecast levels of the selected indicators from the country DSAs.
10p thuytinh_den 11-07-2010 123 17 Download