Artikel

Application of queuing theory in inventory systems with substitution flexibility

Considering the competition in today's business environment, tactical planning of a supply chain becomes more complex than before. In many multi-product inventory systems, substitution flexibility can improve profits. This paper aims to prepare a comprehensive substitution inventory model, where an inventory system with two substitute products with ignorable lead time has been considered, and effects of simultaneous ordering have been examined. In this paper, demands of customers for both of the products have been regarded as stochastic parameters, and queuing theory has been used to construct a mathematical model. The model has been coded by C++, and it has been analyzed due to a real example, where the results indicate efficiency of proposed model.

Sprache
Englisch

Erschienen in
Journal: Journal of Industrial Engineering International ; ISSN: 2251-712X ; Volume: 11 ; Year: 2015 ; Pages: 37-44 ; Heidelberg: Springer

Klassifikation
Management
Thema
Inventory management
Substitution flexibility
Simultaneous ordering
Stochastic demand
Queuing theory

Ereignis
Geistige Schöpfung
(wer)
Seyedhoseini, S.M.
Rashid, Reza
Zangeneh, Erfan
Kamalpour, Iman
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2015

DOI
doi:10.1007/s40092-015-0099-5
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Seyedhoseini, S.M.
  • Rashid, Reza
  • Zangeneh, Erfan
  • Kamalpour, Iman
  • Springer

Entstanden

  • 2015

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