Chapter
Apr 26, 2012
Multi-Item Inventory Control with Reverse Logistics Based on (s, S) Inventory System
Publication: ICTE 2011
Abstract
Focused on the issue of inventory control of multi-item with reverse logistics, this paper analyzes the cost elements on the basis of taking the withdrawal into whole inventory. On condition that the product return is permitted and the recovered products can be sold as new, this paper uses order range instead of reorder point, and adopts (s, S) inventory system to control inventory, and obtains the controls parameters of the minimal cost by using simulate method.
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Copyright
© 2011 American Society of Civil Engineers.
History
Published online: Apr 26, 2012
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ASCE Technical Topics:
- Benefit cost ratios
- Business management
- Control systems
- Engineering fundamentals
- Financial management
- Freight transportation
- Infrastructure
- Inventories
- Logistics
- Management methods
- Mathematics
- Parameters (statistics)
- Practice and Profession
- Statistics
- Supply chain management
- Systems engineering
- Systems management
- Transportation engineering
Authors
Affiliations
School of Business Administration, Nanchang Institute of Technology, Nanchang city, Jiangxi province.E-mail: [email protected]
School of Business Administration, Nanchang Institute of Technology, Nanchang city, Jiangxi province.E-mail: [email protected]
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