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.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Industrial Engineering International ; ISSN: 2251-712X ; Volume: 11 ; Year: 2015 ; Pages: 37-44 ; Heidelberg: Springer
- Classification
-
Management
- Subject
-
Inventory management
Substitution flexibility
Simultaneous ordering
Stochastic demand
Queuing theory
- Event
-
Geistige Schöpfung
- (who)
-
Seyedhoseini, S.M.
Rashid, Reza
Zangeneh, Erfan
Kamalpour, Iman
- Event
-
Veröffentlichung
- (who)
-
Springer
- (where)
-
Heidelberg
- (when)
-
2015
- DOI
-
doi:10.1007/s40092-015-0099-5
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Seyedhoseini, S.M.
- Rashid, Reza
- Zangeneh, Erfan
- Kamalpour, Iman
- Springer
Time of origin
- 2015
Other Objects (12)
Application of queuing theory in production-inventory optimization
Inventory allocation with substitution : developing efficient algorithms
Two perishable inventory systems with one-way substitution
A two echelon inventory system with supply lead time flexibility
The Iranian form of psychometric properties of the Multidimensional Psychological Flexibility Inventory
Substitution effect and effect of axle’s flexibility at (pseudo-)rotaxanes
Inventory-production theory : a linear policy approach
A situational approach to the application of the inventory control theory to maintenance spares control
Market design of regional flexibility markets: A classification metric for flexibility products and its application to German prototypical flexibility markets
Market Design of Regional Flexibility Markets: A Classification Metric for Flexibility Products and its Application to German Prototypical Flexibility Markets
Flexibility in Toddler's object substitution pretense : the role of object knowledge and executive functions
Sampling theory for forest inventory : a teach yourself course
Application of queuing theory in production-inventory optimization
Inventory allocation with substitution : developing efficient algorithms
Two perishable inventory systems with one-way substitution
A two echelon inventory system with supply lead time flexibility
The Iranian form of psychometric properties of the Multidimensional Psychological Flexibility Inventory
Substitution effect and effect of axle’s flexibility at (pseudo-)rotaxanes
Inventory-production theory : a linear policy approach
A situational approach to the application of the inventory control theory to maintenance spares control
Market design of regional flexibility markets: A classification metric for flexibility products and its application to German prototypical flexibility markets
Market Design of Regional Flexibility Markets: A Classification Metric for Flexibility Products and its Application to German Prototypical Flexibility Markets
Flexibility in Toddler's object substitution pretense : the role of object knowledge and executive functions
Sampling theory for forest inventory : a teach yourself course
Application of queuing theory in production-inventory optimization
Inventory allocation with substitution : developing efficient algorithms
Two perishable inventory systems with one-way substitution
A two echelon inventory system with supply lead time flexibility
The Iranian form of psychometric properties of the Multidimensional Psychological Flexibility Inventory
Substitution effect and effect of axle’s flexibility at (pseudo-)rotaxanes
Inventory-production theory : a linear policy approach
A situational approach to the application of the inventory control theory to maintenance spares control
Market design of regional flexibility markets: A classification metric for flexibility products and its application to German prototypical flexibility markets
Market Design of Regional Flexibility Markets: A Classification Metric for Flexibility Products and its Application to German Prototypical Flexibility Markets
Flexibility in Toddler's object substitution pretense : the role of object knowledge and executive functions