Article ID: | iaor20081781 |
Country: | China |
Volume: | 26 |
Issue: | 2 |
Start Page Number: | 43 |
End Page Number: | 48 |
Publication Date: | Feb 2006 |
Journal: | Systems Engineering Theory & Practice |
Authors: | Da Qingli, Wen Xiaowei |
Keywords: | inventory: order policies |
This paper establishes an inventory model of multi-product in deteriorating items supply chain which a purchaser is the core corporation. By analyzing the properties of the total cost functions under three different ordering policies, it proposes an approximate optimal ordering policy of multi-product. Finally, numerical examples are given to illustrate the theoretical results.