Abstract
In this paper, we first get some properties of the solution with respect to the parameters. Then, we compare our model with the newsboy model, and prove that the profit and sever level can be improved by using the substitution policy.
| Translated title of the contribution | The Study on the Inventory Model with Substitution (Ⅱ): Properties |
|---|---|
| Original language | Chinese (Simplified) |
| Pages (from-to) | 59-66 |
| Journal | 系统工程理论与实践 |
| Volume | 23 |
| Issue number | 8 |
| Publication status | Published - Aug 2003 |
| Externally published | Yes |
Research Keywords
- 库存模型
- 可替代产品
- 报童模型
- inventory model
- substitution
- newsboy model
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