SINGLE-PERIOD TWO-PRODUCT INVENTORY MODEL WITH SUBSTITUTION:SOLUTION AND PROPERTIES

被引：2

作者：

Lianqiao CAI Jian CHEN Houmin VANSchool of International Business

机构：

来源：

Journal of Systems Science and Systems Engineering | 2004年 / 01期

基金：

美国国家科学基金会;

关键词：

Inventory model; optimal order quantity; substitution; newsboy model;

D O I：

暂无

中图分类号：

F224 [经济数学方法];

学科分类号：

0701 ; 070104 ;

摘要：

In this paper, we study a single-period two-product inventory model with stochastic demands and downward substitution. The optimal order quantities are presented and some properties are provided. Comparing with newsboy model, we prove that both the profit and the fill rate can be improved by using the substitution policy.

引用

页码：112 / 123

页数：12

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