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Order and Selling Inventory Model with Shortage not Allowed under the Condition of Limited-space Warehouse and Lot-Size Discount

Zhongxing Li

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Abstract

The classic inventory model is optimizing model of nonrestraint. But in fact, it is usually restricted by funds, warehouse's space, service rate etc. Therefore, many inventory models of variable restriction are produced in succession. This paper discusses the order and selling inventory model of constant demand, limited-space warehouse, short-supply not allowed, lot-size discount and time-needed supplying. The application of the model is illustrated by an example.

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What this paper is about

The classic inventory model is optimizing model of nonrestraint. But in fact, it is usually restricted by funds, warehouse's space, service rate etc. Therefore, many inventory models of variable restriction are produced in succession. This paper discusses the order and selling inventory model of constant demand, limited-space warehouse, short-supply not allowed, lot-size discount and time-needed supplying. The application of the model is illustrated by an example.

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Available abstract

The classic inventory model is optimizing model of nonrestraint. But in fact, it is usually restricted by funds, warehouse's space, service rate etc. Therefore, many inventory models of variable restriction are produced in succession. This paper discusses the order and selling inventory model of constant demand, limited-space warehouse, short-supply not allowed, lot-size discount and time-needed supplying. The application of the model is illustrated by an example.

Key concepts: Warehouse, Economic shortage, Order (exchange), Space (punctuation), Perpetual inventory, Inventory management, Operations research, Variable (mathematics)

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Order and Selling Inventory Model with Shortage not Allowed under the Condition of Limited-space Warehouse and Lot-Size Discount — Research Paper | ScholarLens