Abstract
It is assumed that the demand rate of goods is a time-varying function; meanwhile, suppose that OW and RW have different rate of deterioration and the limitation of continuous transportation is relaxed. Based on the assumptions, inventory models of two warehouses whose time-varying demand considering credit period are constructed, thus may have a widely application. Besides, the existence of the optimal replenishment strategy is proved by providing examples on calculating the optimal replenishment cycles and sensitivity analysis is also done on relevant parameters.
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Hu, Y. (2014). The Optimal Inventory Model of Two Warehouses: Time-Varying Demand Considering Credit Period. In: Wen, Z., Li, T. (eds) Practical Applications of Intelligent Systems. Advances in Intelligent Systems and Computing, vol 279. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-54927-4_67
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DOI: https://doi.org/10.1007/978-3-642-54927-4_67
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