Dependent policy for order quantity problems with time-varying demands

Jiafu Tang; Richard Fung; Kai Leung Yung; Dingwei Wang

doi:10.1109/CDC.2001.981194

Dependent policy for order quantity problems with time-varying demands

Jiafu Tang, Richard Fung, Kai Leung Yung, Dingwei Wang

Research output: Journal article publication › Journal article › Academic research › peer-review

3 Citations (Scopus)

Abstract

The time-varying demands in a period considered in most of the heuristics in literatures is generally assumed to be less than the basic EOQ in a planning period, and hence the decisions of total replenishment quantity, not the economic order quantity in each planning period, are concerned. This paper focuses on a dependent policy-based heuristic for order quantity problems with time-varying demand. The independent policy, abnormal independent policy and various dependent policies are discussed and compared.

Original language	English
Pages (from-to)	1965-1970
Number of pages	6
Journal	Proceedings of the IEEE Conference on Decision and Control
Volume	2
DOIs	https://doi.org/10.1109/CDC.2001.981194
Publication status	Published - 1 Jan 2001

Keywords

Dependent policy
EOQ
Heuristic
Inventory management
Time-varying demands

ASJC Scopus subject areas

Control and Systems Engineering
Modelling and Simulation
Control and Optimization

More information

10.1109/CDC.2001.981194

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Dependent policy for order quantity problems with time-varying demands

Abstract

Keywords

ASJC Scopus subject areas

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