Using system simulation to search for the optimal multi-ordering policy for perishable goods
This paper explores the possibility that perishable goods can be ordered several times in a single period after considering the cost of Marginal contribution, Marginal loss, Shortage, and Purchasing under stochastic demand. In order to determine the optimal ordering quantity to improve the tradition...
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Main Authors: | Y.C. Huang, X.Y. Chang, Y.A. Ding |
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Format: | Article |
Language: | English |
Published: |
Universitat Politècnica de València
2019-01-01
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Series: | International Journal of Production Management and Engineering |
Subjects: | |
Online Access: | https://polipapers.upv.es/index.php/IJPME/article/view/10745 |
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