tailieunhanh - A decision model for an inventory system with two compound Poisson demands

A real inventory system for single item with specific demand characteristics motivates this works. The demand can be seen as two types of independent demand, where compound Poisson process describes the characteristics of each demand. | A decision model for an inventory system with two compound Poisson demands Uncertain Supply Chain Management 8 2020 379 388 Contents lists available at GrowingScience Uncertain Supply Chain Management homepage uscm A decision model for an inventory system with two compound Poisson demands The Jin Aia Ririn Diar Astantia and Huynh Trung Luongb a Department of Industrial Engineering Universitas Atma Jaya Yogyakarta Yogyakarta 55281 Indonesia b Industrial and Manufacturing Engineering Asian Institute of Technology Pathumtani 12120 Thailand CHRONICLE ABSTRACT Article history A real inventory system for single item with specific demand characteristics motivates this Received October 20 2019 works. The demand can be seen as two types of independent demand where compound Poisson Received in revised format process describes the characteristics of each demand. The first type of demand is rarely November 10 2019 occurred with relatively large size while the second type of demand is often happened with Accepted November 10 2019 Available online relatively small size. In order to maintain inventory level every time the first type of demand November 10 2019 occurs a replenishment of stock is conducted which follows order-up-to-level inventory policy. Keywords In order to find the optimal inventory decision for that system a mathematical model of the Inventory system is developed with the objective to minimize expected total inventory cost. Some of Compound Poisson process model assumptions are infinite replenishment deterministic lead time and completely Periodic review policy backlogged shortages. To solve the model it is then divided into two sub-problems and classical optimization technique is employed to help find the solution of each sub problem. 2020 by the authors license Growing Science Canada. 1. Introduction In each supply chain or supply network every entity at a certain echelon must be connected to more than one entity at its lower echelon.

• Quản trị kinh doanh
• Compound Poisson process
• Periodic review policy
• Compound Poisson demand
• Real inventory system
• Order up to level inventory policy
• báo cáo hóa học
• công trình nghiên cứu về hóa học
• tài liệu về hóa học
• cách trình bày báo cáo
• Journal of computer science and information technology
• Forked communication network model
• Non homogenous bulk arrivals
• Phase type transmission
• Non homogenous compound Poisson process