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Author: Stephen F. Love
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 94
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Book Description
The report describes three versions of an n period single-product inventory model with known requirements and separable piecewise concave production and storage costs.
Author: Stephen F. Love
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 94
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Book Description
The report describes three versions of an n period single-product inventory model with known requirements and separable piecewise concave production and storage costs.
Author: Willard I. Zangwill
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 200
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Book Description
This paper develops a multi-product, multi-facility economic lot size model. Roughly speaking, economic lot size models deal with production and inventory situations in which the product demand is known in advance and in which the cost functions are concave. The objective of the model is to determine a production schedule, in terms of how much to produce and when, that minimizes overall cost. Another important aspect of the model is that it allows backlogging of unsatisfied demand. The backlogging analysis actually requires consideration of inventory cost functions which are not concave. To treat such situations the piecewise concave function was developed. Basically a piecewise concave function is the maximum of a collection of concave functions. Using the notion of piecewise concavity a small set of production schedules is determined that contains the minimum cost schedule. Dynamic programming algorithms are presented to efficiently calculate the minimum cost schedule for the 'series' and 'parallel' cases. (Author).
Author:
Publisher:
ISBN:
Category : Logistics, Naval
Languages : en
Pages : 740
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Book Description
Author: Tsan-Ming Choi
Publisher: Springer Science & Business Media
ISBN: 1461476399
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume. The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis.
Author: Michael Florian
Publisher:
ISBN:
Category :
Languages : en
Pages : 20
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Book Description
A multi-period single commodity production planning problem is studied in which known requirements have to be satisfied from current production or inventory. The model differs from earlier well-known studies involving concave cost functions in the introduction of production capacity constraints. The structure of an optimal solution is characterized and then used in a simple dynamic programming algorithm for problems in which the capacities are the same in every period. (Author).
Author: S.C. Graves
Publisher: Elsevier
ISBN: 9780444874726
Category : Business & Economics
Languages : en
Pages : 780
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Book Description
Handbook
Author: Attila Chikán
Publisher: Elsevier Science & Technology
ISBN:
Category : Business & Economics
Languages : en
Pages : 640
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Book Description
Author:
Publisher:
ISBN:
Category : Naval research
Languages : en
Pages : 468
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Book Description
Author: Steffen Christ
Publisher: Springer Science & Business Media
ISBN: 3834961841
Category : Business & Economics
Languages : en
Pages : 363
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Book Description
Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent demand and customer price sensitivity.
Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 660
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Book Description
Covers all aspects of OR including computing and decision technology; environment, energy and natural resources; financial services; logistics and supply chain operations; manufacturing operations; optimization; public and military services; simulation; stochastic models; telecommunications; and transportation.
