An inventory system with demand dependent on both time and price assuming backlogged shortages

Producción Científica

Detalhes bibliográficos
Autores: San José Nieto, Luis Augusto, Sicilia Rodríguez, Joaquín, Alcaide López de Pablo, David
Formato: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2018
País:España
Recursos:Universidad de Valladolid
Repositorio:UVaDOC. Repositorio Documental de la Universidad de Valladolid
OAI Identifier:oai:uvadoc.uva.es:10324/65886
Acesso em linha:https://doi.org/10.1016/j.ejor.2017.10.042
https://uvadoc.uva.es/handle/10324/65886
Access Level:acceso abierto
Palavra-chave:Inventory
Price and time-dependent demand
Backlogged demand
Profit optimization
12 Matemáticas
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spelling An inventory system with demand dependent on both time and price assuming backlogged shortagesSan José Nieto, Luis AugustoSicilia Rodríguez, JoaquínAlcaide López de Pablo, DavidInventoryPrice and time-dependent demandBacklogged demandProfit optimization12 MatemáticasProducción CientíficaIn this work we analyze an inventory model for items whose demand is a bivariate function of price and time. It is supposed that the demand rate multiplicatively combines the effects of a time-power function and a price-logit function. The aim is to maximize the profit per time unit, assuming that the inventory cost per time unit is the sum of the holding, shortage, ordering and purchasing costs. An algorithm is developed to find the optimal price, the optimal lot size and the optimal replenishment cycle. Several numerical examples are introduced to illustrate the solution procedure.This work is partially supported by the Spanish Ministry of Science and Innovation (MCI) and European FEDER funds through the research Project MTM2013-43396-P.Elsevier2018info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://doi.org/10.1016/j.ejor.2017.10.042https://uvadoc.uva.es/handle/10324/65886reponame:UVaDOC. Repositorio Documental de la Universidad de Valladolidinstname:Universidad de ValladolidIngléshttps://www.sciencedirect.com/science/article/pii/S0377221717309554?via%3Dihub#absh001info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-nd/4.0/oai:uvadoc.uva.es:10324/658862026-06-13T12:44:47Z
dc.title.none.fl_str_mv An inventory system with demand dependent on both time and price assuming backlogged shortages
title An inventory system with demand dependent on both time and price assuming backlogged shortages
spellingShingle An inventory system with demand dependent on both time and price assuming backlogged shortages
San José Nieto, Luis Augusto
Inventory
Price and time-dependent demand
Backlogged demand
Profit optimization
12 Matemáticas
title_short An inventory system with demand dependent on both time and price assuming backlogged shortages
title_full An inventory system with demand dependent on both time and price assuming backlogged shortages
title_fullStr An inventory system with demand dependent on both time and price assuming backlogged shortages
title_full_unstemmed An inventory system with demand dependent on both time and price assuming backlogged shortages
title_sort An inventory system with demand dependent on both time and price assuming backlogged shortages
dc.creator.none.fl_str_mv San José Nieto, Luis Augusto
Sicilia Rodríguez, Joaquín
Alcaide López de Pablo, David
author San José Nieto, Luis Augusto
author_facet San José Nieto, Luis Augusto
Sicilia Rodríguez, Joaquín
Alcaide López de Pablo, David
author_role author
author2 Sicilia Rodríguez, Joaquín
Alcaide López de Pablo, David
author2_role author
author
dc.subject.none.fl_str_mv Inventory
Price and time-dependent demand
Backlogged demand
Profit optimization
12 Matemáticas
topic Inventory
Price and time-dependent demand
Backlogged demand
Profit optimization
12 Matemáticas
description Producción Científica
publishDate 2018
dc.date.none.fl_str_mv 2018
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://doi.org/10.1016/j.ejor.2017.10.042
https://uvadoc.uva.es/handle/10324/65886
url https://doi.org/10.1016/j.ejor.2017.10.042
https://uvadoc.uva.es/handle/10324/65886
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv https://www.sciencedirect.com/science/article/pii/S0377221717309554?via%3Dihub#absh001
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:UVaDOC. Repositorio Documental de la Universidad de Valladolid
instname:Universidad de Valladolid
instname_str Universidad de Valladolid
reponame_str UVaDOC. Repositorio Documental de la Universidad de Valladolid
collection UVaDOC. Repositorio Documental de la Universidad de Valladolid
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