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2008 International Symposiums on Information Processing
An Inventory Decision Model with Variable Lead Time and Continuous Price Decrease
May 23-May 25
ISBN: 978-0-7695-3151-9
ASCII Text
x 
 
Chuanxu Wang, "An Inventory Decision Model with Variable Lead Time and Continuous Price Decrease," International Symposiums on Information Processing, pp. 670-674, 2008 International Symposiums on Information Processing, 2008.
 
 
BibTex
x
 
@article{ 10.1109/ISIP.2008.31,
author = {Chuanxu Wang},
title = {An Inventory Decision Model with Variable Lead Time and Continuous Price Decrease},
journal ={International Symposiums on Information Processing},
volume = {0},
year = {2008},
isbn = {978-0-7695-3151-9},
pages = {670-674},
doi = {http://doi.ieeecomputersociety.org/10.1109/ISIP.2008.31},
publisher = {IEEE Computer Society},
address = {Los Alamitos, CA, USA},
}
 
 
RefWorks Procite/RefMan/Endnote
x 
 
TY - CONF
JO - International Symposiums on Information Processing
TI - An Inventory Decision Model with Variable Lead Time and Continuous Price Decrease
SN - 978-0-7695-3151-9
SP670
EP674
A1 - Chuanxu Wang,
PY - 2008
KW - inventory decision
KW - lead time
KW - price
VL - 0
JA - International Symposiums on Information Processing
ER -
 
This paper develops an inventory model with continuous product price decrease and variable lead time for minimizing the sum of the ordering cost, purchasing cost, holding cost, shortage cost and the lead time crashing cost, in which the number of equal length cycles, the order quantity and lead time are decision variables. An accurate approximate solution algorithm for the model is developed for finding the optimal values of decision variables. The effectiveness of the model is illustrated and the effects of changes in model parameters are analyzed with a numerical example.
Index Terms:
inventory decision, lead time, price
Citation:
Chuanxu Wang, "An Inventory Decision Model with Variable Lead Time and Continuous Price Decrease," isip, pp.670-674, 2008 International Symposiums on Information Processing, 2008
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