A new approximation for inventory control system with decision variable lead-time and stochastic demand

[ X ]

Tarih

2013

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Demand for any material in a hospital depends on a random arrival rate and random length of stay in units. Therefore, the demand for any material shows stochastic characteristics that make determining the optimum level of r and Q problem more difficult. Thus, in this study, a single item inventory system for healthcare was developed using a continuous review (r, Q) policy. A simulation meta-model was constructed to obtain equations for the average on-hand inventory and average number of orders per year. Then, the equations were used to determine the optimal levels of r and Q while minimizing the total cost in an integer non-linear model. The same problem investigated in this study was also solved using OptQuest optimization software. © INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING.

Açıklama

Anahtar Kelimeler

(r,Q) Policy, Healthcare Systems, Integer Non-linear Programming, Inventory Control, Simulation Meta-modeling

Kaynak

International Journal of Industrial Engineering : Theory Applications and Practice

WoS Q Değeri

N/A

Scopus Q Değeri

Q3

Cilt

20

Sayı

03.Apr

Künye