RT info:eu-repo/semantics/article
T1 An inventory model for multiple items assuming time-varying demands and limited storage
A1 San José Nieto, Luis Augusto
A1 González de la Rosa, Manuel
A1 Sicilia Rodríguez, Joaquín
A1 Febles Acosta, Jaime
K1 Inventory system
K1 Multiple items
K1 Time-dependent demand
K1 Full backlogging
K1 Reorder points
K1 12 Matemáticas
AB A model for inventory systems with multiple products is studied. Demands of itemsare time-dependent and follow power patterns. Shortages are allowed and fully back logged. For this inventory system, our findings provide the efficient inventory policythat helps decision-makers to obtain the initial inventory levels and the reorder pointsthat maximize the profit per unit time. Moreover, when it is assumed that the warehouseused for the storage of products has a limited capacity, the optimal inventory policyis also developed. The model presented here extends some inventory systems studiedby other authors. Numerical examples are introduced to illustrate the applicability ofthe theoretical results presented.
PB Springer
SN 1862-4472
YR 2021
FD 2021
LK https://uvadoc.uva.es/handle/10324/50958
UL https://uvadoc.uva.es/handle/10324/50958
LA eng
NO Optimization Letters, 2021.
NO Producción Científica
DS UVaDOC
RD 17-jul-2024