Submit Manuscript

Information Technology Journal

Year: 2007 | Volume: 6 | Issue: 7 | Page No.: 1069-1074
Facebook Twitter Digg Reddit Linkedin StumbleUpon E-mail

Article Trend

Total views 560

Search

Authors

Ming-Cheng Lo

Keywords

Research Article

Decision Support System for the Integrated Inventory Model with General Distribution Demand

Ming-Cheng Lo
In this study, we focus on the impact of combining the decision support system and the continuous review integrated inventory model involving controllable lead time, ordering cost and backorders. The objective is to establish a decision support system with integrated inventory model to minimize the joint total expected inventory cost by simultaneously considering ordering cost, ordering quantity, safety factor, lead time, backorder discount and the number of lots delivered from vendor to buyer. Because the reduction of inventory cost plays an important role in production management, this research builds a decision support system to deal with the integrated inventory model. In the decision support system concerning about the inventory model, we take both the vendor and the buyer into account and help the decision maker to make decisions.
PDF Fulltext XML References Citation

Leave a Comment

Your email address will not be published. Required fields are marked *