• 제목/요약/키워드: Optimal Ordering Policy

검색결과 33건 처리시간 0.02초

구매가격 변동 하에서 초기재고 재분배를 통한 위험회피 재고모형의 효율화 (Improving a Risk-Averse Price-Fluctuating Inventory Model by Reallocating Initial Inventories)

  • 박찬규
    • 한국경영과학회지
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    • 제38권2호
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    • pp.95-115
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    • 2013
  • In traditional inventory models, purchase prices of raw materials are assumed to be fixed and have no effect on the optimal choice of inventory policies. However, when purchase prices fluctuate continuously over time, inventory costs are heavily affected by purchasing prices. Risk-averse inventory model decides order quantity and ordering time by considering not just purchase prices but also the risk from the discrepancy between estimated prices and realized prices. In this paper, we propose a myopic inventory policy which incorporates price risk into deciding ordering time and quantities. While the existing risk-averse model has no mechanism to reallocate inventories already purchased for a specific future period, the revised one reallocates initial inventories of each period to other future periods so that it can avoid purchasing raw materials at high prices. Experimental results demonstrate that the revised model outperforms the existing one in respect of total cost and variability.

Dynamic Pricing and Ordering Decision for the Perishable Food of the Supermarket Using RFID Technology

  • Liu, Xiaofeng;Hang, Pei
    • 마케팅과학연구
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    • 제16권4호
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    • pp.1-11
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    • 2006
  • Product quality of perishable food is significantly affected by the environment. Technological approaches for tracking and tracing such products have attracted increasing attentions in both research and practice. This paper studies how supermarket can maximize profits of selling perishable food through price adjustment based on real-ime product quality and values. This can be achieved by tracing the value of the perishable food based on an automatic product identification technology Radio Frequency Identification(RFID). With the support of the RFID, an optimization model can be developed to enable product tracking and tracing. The analysis of the model shows promising benefits of applying a dynamic pricing policy and obtains the optimal ordering decision in the respect of deterministic demand function.

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Optimal Lot-sizing and Pricing with Markdown for a Newsvendor Problem

  • Chen, Jen-Ming;Chen, Yi-Shen;Chien, Mei-Chen
    • Industrial Engineering and Management Systems
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    • 제7권3호
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    • pp.257-265
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    • 2008
  • This paper deals with the joint decisions on pricing and ordering for a monopolistic retailer who sells perishable goods with a fixed lifetime or demand period. The newsvendor-typed problem is formulated as a two-period inventory system where the first period represents the inventory of fresh or new-arrival items and the second period represents the inventory of items that are older but still usable. Demand may be for either fresh items or for somewhat older items that exhibit physical decay or deterioration. The retailer is allowed to adjust the selling price of the deteriorated items in the second period, which stimulates demand and reduces excess season-end or stale inventory. This paper develops a stochastic dynamic programming model that solves the problem of preseason decisions on ordering-pricing and a within-season decision on markdown pricing. We also develop a fixed-price model as a benchmark against the dual-price dynamic model. To illustrate the effect of the dual-price policy on expected profit, we conduct a comparative study between the two models. Extension to a generalized multi-period model is also discussed.

Buyer's EOQ model for deteriorating products under conditions of permissible delay in payments and quantity discounts for freight cost

  • Shinn Seong-Whan;Song Chang-Yong
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2002년도 춘계학술대회
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    • pp.237-241
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    • 2002
  • This paper deals with the problem of determining the buyer's economic lot sizing policy for exponentially deteriorating products under trade credit. It is also assumed that the ordering cost consists of a fixed set-up cost and a freight cost, where the freight cost has a quantity discount offered due to the economies of scale. We formulate the mathematical model and the solution algorithm is developed based on the properties of an optimal solution.

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중심화 이론을 이용한 텍스트 구조화 (Text Structuring using Centering Theory)

  • 노지은;나승훈;이종혁
    • 한국정보과학회논문지:소프트웨어및응용
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    • 제34권6호
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    • pp.572-583
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    • 2007
  • 본 논문에서는 자연스러운 텍스트 생성을 위한 여러 과정 중, 문장 순서를 결정하기 위한 텍스트 구조화(text structuring)에 관한 것으로, 중심화 이론(centering theory)에 기반하여 문장 순서의 자연스러움을 판단할 수 있는 다양한 평가 척도를 논의한다. 먼저, 기존 연구들에서 중심화 이론에 기반한 문장 순서의 평가 척도들 중 가장 효과적이라고 알려진 MIN.NOCB를 텍스트 구조화에 적용할 때 발생할 수 있는 문제점을 지적하고, 대안이 될 수 있는 새로운 평가 척도인 MAX.CPS를 제안한다. 또, 임의의 평가 척도가 주어진 문장들에 대해 가질 수 있는 기대치를 먼저 예측하고, 그것에 따라 다른 평가 척도를 적용하게 하는 프레임워크를 제안하여, 중심화 이론 안에서 최상의 문장 순서를 찾기 위한 새로운 방법론을 모색한다. 또한, 중심화 이론의 적용에 있어 핵심이라 할 수 있는, 명사들의 돋보임성(salience)을 서열화(cf-ranking) 하는 다양한 방식을 중심화 기반 문장 순서 평가 척도의 관점에서 분석하였다. 그 결과, 텍스트 구조화에 관한 한, 단순히 문장에서 실현된 순서에 따라 명사들의 돋보임성의 서열을 정하는 것이 한국어의 특성상 가장 간단하면서도 효율적임을 입증하였다.

2계층 분배시스템에서 혼합재고정책을 이용한 적정재고수준 결정에 관한 연구 (Determining the Proper Level of Spare Parts using the CSP and (r,Q) Policies in a Two-Echelon Distribution System)

  • 정석재;이정학;김경섭
    • 대한안전경영과학회지
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    • 제9권4호
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    • pp.121-127
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    • 2007
  • CSP(Concurrent Spare Parts) is supplied with the procurement of new equipment or weapon system and is used to sustain the equipment without resupply during the initial coverage period. This study is concerned with a problem of determining the near optimal inventory level of the spare parts, especially Concurrent Spare Parts. For this, we utilize the mixed periodic and continuous review polices considering the CSP and (r,Q) Policies concurrently in a two-echelon distribution system. We propose the mathematical model to minimize the total cost which is composed with ordering cost, purchasing cost, holding cost, and stickout cost. If the mixed policy is compared to other policies(CSP, (r,Q)), the proposed methodology performs well and is best policy in the equipment maintenance expenses.

경제적인 그룹교체보전을 위한 최적 예비품 재고수준의 결정 (Optimal Spare Provisioning for Group Replacement Policy)

  • 유영관;박노국
    • 벤처창업연구
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    • 제9권2호
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    • pp.81-86
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    • 2014
  • 본 논문에서는 그룹교체 정책과 예비품 재고정책을 동시에 고려하여 최적화하는 방안을 제시한다. 일반적으로 보전정책들은 예비품의 재고가 늘 가용하다고 가정하고 있으나 예비품의 재고 확보 여부에 의해 보전활동은 영향을 받을 수밖에 없다. 동일한 여러 유닛들이 동시에 운용될 때 이용되는 그룹교체정책을 바탕으로 이를 지원하기 위한 최적 재고수준을 결정한다. 일정한 개수의 유닛이 고장 나는 시점에서 그룹교체를 수행한다. 예비품의 재고는 일정 횟수의 그룹교체를 할 만큼 주문하여 유지한다. 보전비용과 재고비용 등 운용비용을 최소화할 수 있는 최적의 그룹교체 주기와 재고수준을 구한다.

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재활용품 제고시스템에 대한 주문 및 재생정책의 개선방안 (An improved Ordering and Recovery Policy for Reusable Items)

  • 정진아;고시근
    • 대한산업공학회지
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    • 제34권1호
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    • pp.32-41
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    • 2008
  • This paper studies a joint EOQ and EPQ model in which a stationary demand can be satisfied by recycled products as well as newly purchased products. The model assumes that a fixed quantity of the used products are collected from customers and later recovered for reuse. The recovered products are regarded as perfectly new ones. We also assume that the number of orders for newly purchasing items and the number of recovery setups in a cycle can be mutually independent integers. Under these assumptions, we develop an optimization model obtaining the economic order quantity for newly procured products, the optimal lot size for the recovery process, and the sequence of the orders and the setups, simultaneously. And then a simple solution procedure to find a local optimal control parameter set is proposed. To validate the model and the solution procedure, finally, some computational experiments are presented.

공급사슬에서 채찍효과 최소화 대 비용 최소화 (Bullwhip Effect Minimization vs. Cost Minimization in Supply Chain)

  • 조면식
    • 한국시뮬레이션학회논문지
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    • 제22권2호
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    • pp.41-51
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    • 2013
  • 하류업체에 발생하는 소비자 수요의 조그만 변화가 상류업체로 올라갈수록 증폭되는 현상을 채찍효과(BE)라 한다. BE는 일반적으로 주문량 분산/수요량 분산으로 정의된다. 이와 같이 왜곡된 정보는 공급사슬의 비효율성을 유발하므로, 주문량의 분산을 줄이는 많은 연구들이 수행되고 있다. 그러나 본 연구에서는 BE를 최소화하는 것이 오히려 공급사슬의 비효율성을 증가시킬 수 있음을 보여 주며, 스무딩된 주문 정책을 사용하여 공급사슬의 효율성를 증가시키기 위한 새로운 목적함수를 설정한다. 최적화된 스무딩 주문정책을 연구하기 위해 시뮬레이션 최적화 기법을 사용한다.

Applying Genetic Algorithm for Can-Order Policies in the Joint Replenishment Problem

  • Nagasawa, Keisuke;Irohara, Takashi;Matoba, Yosuke;Liu, Shuling
    • Industrial Engineering and Management Systems
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    • 제14권1호
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    • pp.1-10
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    • 2015
  • In this paper, we consider multi-item inventory management. When managing a multi-item inventory, we coordinate replenishment orders of items supplied by the same supplier. The associated problem is called the joint replenishment problem (JRP). One often-used approach to the JRP is to apply a can-order policy. Under a can-order policy, some items are re-ordered when their inventory level drops to or below their re-order level, and any other item with an inventory level at or below its can-order level can be included in this order. In the present paper, we propose a method for finding the optimal parameter of a can-order policy, the can-order level, for each item in a lost-sales model. The main objectives in our model are minimizing the number of ordering, inventory, and shortage (i.e., lost-sales) respectively, compared with the conventional JRP, in which the objective is to minimize total cost. In order to solve this multi-objective optimization problem, we apply a genetic algorithm. In a numerical experiment using actual shipment data, we simulate the proposed model and compare the results with those of other methods.