A simple approach to an integrated single-vendor single-buyer inventory system with shortage

被引：9

作者：

Hsieh, Tsu-Pang ^{[1
]}

Chang, Horng-Jinh ^{[2
,3
]}

Weng, Ming-Wei ^{[3
]}

Dye, Chung-Yuan ^{[4
]}

机构：

[1] Aletheia Univ, Grad Sch Management Sci, Tamsui, Taiwan

[2] Asia Univ, Taichung, Taiwan

[3] Tamkang Univ, Grad Sch Management Sci, Tamsui, Taiwan

[4] Shu Te Univ, Dept Business Management, Kaohsiung, Taiwan

来源：

PRODUCTION PLANNING & CONTROL | 2008年 / 19卷 / 06期

关键词：

without derivatives; arithmetic-geometric mean inequality; Cauchy-Schwarz inequality; single-vendor single-buyer; shortage;

D O I：

10.1080/09537280802462789

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

In this article, a simple approach with two basic inequalities (Cauchy-Schwarz inequality and arithmetic-geometric mean inequality) is used to solve the integrated single-vendor single-buyer inventory problem developed by Wu and Ouyang (Wu, K.-S. and Ouyang, L.-Y., 2003. An integrated single-vendor single-buyer inventory system with shortage derived algebraically. Production Planning Control, 14 (6), 555-561). Without the method of completing perfect square, the proposed approach yields the global minimum of the integrated total cost per year more easily than the algebraic approach used by Wu and Ouyang (2003). In addition, for people without the background of calculus, it is more useful to determine the buyer's economic order quantity and the vendor's optimal number of deliveries.

引用

页码：601 / 604

页数：4

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