Dependent policy for order quantity problems with time-varying demands

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)22_Publication in policy or professional journal

2 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)1965-1970
Journal / PublicationProceedings of the IEEE Conference on Decision and Control
Volume2
Publication statusPublished - 2001
Externally publishedYes

Conference

Title40th IEEE Conference on Decision and Control (CDC)
PlaceUnited States
CityOrlando
Period4 - 7 December 2001

Abstract

The time-varying demands in a period considered in most of the heuristics in literatures is generally assumed to be less than the basic EOQ in a planning period, and hence the decisions of total replenishment quantity, not the economic order quantity in each planning period, are concerned. This paper focuses on a dependent policy-based heuristic for order quantity problems with time-varying demand. The independent policy, abnormal independent policy and various dependent policies are discussed and compared.

Research Area(s)

  • Dependent policy, EOQ, Heuristic, Inventory management, Time-varying demands

Citation Format(s)