On computing order quantities for perishable inventory control with non-stationary demand

Alejandro Gutierrez-Alcoba; Eligius M.T. Hendrix; Inmaculada García; Gloria Ortega; Karin G.J. Pauls-Worm; Rene Haijema

doi:10.1007/978-3-319-21407-8_31

On computing order quantities for perishable inventory control with non-stationary demand

Alejandro Gutierrez-Alcoba, Eligius M.T. Hendrix, Inmaculada García, Gloria Ortega, Karin G.J. Pauls-Worm, Rene Haijema

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract / Description of output

The determination of order quantities in an inventory control problem of perishable products with non-stationary demand can be formulated as a Mixed Integer Nonlinear Programming problem (MINLP). One challenge is to deal with the β-service level constraint in terms of the loss function. This paper studies the properties of the optimal solution and derives specific algorithms to determine optimal quantities.

Original language	English
Title of host publication	ICCSA 2015
Subtitle of host publication	Computational Science and Its Applications
Editors	Osvaldo Gervasi, Beniamino Murgante, Sanjay Misra, Marina L. Gavrilova, Ana Maria Alves Coutinho Rocha, Carmelo Torre, David Taniar, Bernady O. Apduhan
Publisher	Springer
Pages	429-444
Number of pages	16
Volume	9156
DOIs	https://doi.org/10.1007/978-3-319-21407-8_31
Publication status	Published - 20 Jun 2015
Event	15th International Conference on Computational Science and Its Applications, ICCSA 2015 - Banff, Canada Duration: 22 Jun 2015 → 25 Jun 2015

Publication series

Name	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Publisher	Springer Verlag
ISSN (Print)	0302-9743

Conference

Conference	15th International Conference on Computational Science and Its Applications, ICCSA 2015
Country/Territory	Canada
City	Banff
Period	22/06/15 → 25/06/15

Keywords / Materials (for Non-textual outputs)

inventory control
loss function
MINLP
Monte Carlo
perishable products

Access to Document

10.1007/978-3-319-21407-8_31

Cite this

Gutierrez-Alcoba, A., Hendrix, E. M. T., García, I., Ortega, G., Pauls-Worm, K. G. J., & Haijema, R. (2015). On computing order quantities for perishable inventory control with non-stationary demand. In O. Gervasi, B. Murgante, S. Misra, M. L. Gavrilova, A. M. Alves Coutinho Rocha, C. Torre, D. Taniar, & B. O. Apduhan (Eds.), ICCSA 2015: Computational Science and Its Applications (Vol. 9156, pp. 429-444). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). Springer. https://doi.org/10.1007/978-3-319-21407-8_31

Gutierrez-Alcoba, Alejandro ; Hendrix, Eligius M.T. ; García, Inmaculada et al. / On computing order quantities for perishable inventory control with non-stationary demand. ICCSA 2015: Computational Science and Its Applications . editor / Osvaldo Gervasi ; Beniamino Murgante ; Sanjay Misra ; Marina L. Gavrilova ; Ana Maria Alves Coutinho Rocha ; Carmelo Torre ; David Taniar ; Bernady O. Apduhan. Vol. 9156 Springer, 2015. pp. 429-444 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).

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title = "On computing order quantities for perishable inventory control with non-stationary demand",

abstract = "The determination of order quantities in an inventory control problem of perishable products with non-stationary demand can be formulated as a Mixed Integer Nonlinear Programming problem (MINLP). One challenge is to deal with the β-service level constraint in terms of the loss function. This paper studies the properties of the optimal solution and derives specific algorithms to determine optimal quantities.",

keywords = "inventory control, loss function, MINLP, Monte Carlo, perishable products",

author = "Alejandro Gutierrez-Alcoba and Hendrix, {Eligius M.T.} and Inmaculada Garc{\'i}a and Gloria Ortega and Pauls-Worm, {Karin G.J.} and Rene Haijema",

note = "Publisher Copyright: {\textcopyright} Springer International Publishing Switzerland 2015. Copyright: Copyright 2017 Elsevier B.V., All rights reserved.; 15th International Conference on Computational Science and Its Applications, ICCSA 2015 ; Conference date: 22-06-2015 Through 25-06-2015",

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doi = "10.1007/978-3-319-21407-8_31",

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series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",

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editor = "Osvaldo Gervasi and Murgante, {Beniamino } and Misra, {Sanjay } and Gavrilova, {Marina L. } and {Alves Coutinho Rocha}, {Ana Maria } and Torre, {Carmelo } and David Taniar and Apduhan, {Bernady O. }",

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Gutierrez-Alcoba, A, Hendrix, EMT, García, I, Ortega, G, Pauls-Worm, KGJ & Haijema, R 2015, On computing order quantities for perishable inventory control with non-stationary demand. in O Gervasi, B Murgante, S Misra, ML Gavrilova, AM Alves Coutinho Rocha, C Torre, D Taniar & BO Apduhan (eds), ICCSA 2015: Computational Science and Its Applications . vol. 9156, Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), Springer, pp. 429-444, 15th International Conference on Computational Science and Its Applications, ICCSA 2015, Banff, Canada, 22/06/15. https://doi.org/10.1007/978-3-319-21407-8_31

On computing order quantities for perishable inventory control with non-stationary demand. / Gutierrez-Alcoba, Alejandro; Hendrix, Eligius M.T.; García, Inmaculada et al.
ICCSA 2015: Computational Science and Its Applications . ed. / Osvaldo Gervasi; Beniamino Murgante; Sanjay Misra; Marina L. Gavrilova; Ana Maria Alves Coutinho Rocha; Carmelo Torre; David Taniar; Bernady O. Apduhan. Vol. 9156 Springer, 2015. p. 429-444 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

TY - GEN

T1 - On computing order quantities for perishable inventory control with non-stationary demand

AU - Gutierrez-Alcoba, Alejandro

AU - Hendrix, Eligius M.T.

AU - García, Inmaculada

AU - Ortega, Gloria

AU - Pauls-Worm, Karin G.J.

AU - Haijema, Rene

PY - 2015/6/20

Y1 - 2015/6/20

N2 - The determination of order quantities in an inventory control problem of perishable products with non-stationary demand can be formulated as a Mixed Integer Nonlinear Programming problem (MINLP). One challenge is to deal with the β-service level constraint in terms of the loss function. This paper studies the properties of the optimal solution and derives specific algorithms to determine optimal quantities.

AB - The determination of order quantities in an inventory control problem of perishable products with non-stationary demand can be formulated as a Mixed Integer Nonlinear Programming problem (MINLP). One challenge is to deal with the β-service level constraint in terms of the loss function. This paper studies the properties of the optimal solution and derives specific algorithms to determine optimal quantities.

KW - inventory control

KW - loss function

KW - MINLP

KW - Monte Carlo

KW - perishable products

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U2 - 10.1007/978-3-319-21407-8_31

DO - 10.1007/978-3-319-21407-8_31

M3 - Conference contribution

AN - SCOPUS:84951085688

VL - 9156

T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)

SP - 429

EP - 444

BT - ICCSA 2015

A2 - Gervasi, Osvaldo

A2 - Murgante, Beniamino

A2 - Misra, Sanjay

A2 - Gavrilova, Marina L.

A2 - Alves Coutinho Rocha, Ana Maria

A2 - Torre, Carmelo

A2 - Taniar, David

A2 - Apduhan, Bernady O.

PB - Springer

T2 - 15th International Conference on Computational Science and Its Applications, ICCSA 2015

Y2 - 22 June 2015 through 25 June 2015

ER -

Gutierrez-Alcoba A, Hendrix EMT, García I, Ortega G, Pauls-Worm KGJ, Haijema R. On computing order quantities for perishable inventory control with non-stationary demand. In Gervasi O, Murgante B, Misra S, Gavrilova ML, Alves Coutinho Rocha AM, Torre C, Taniar D, Apduhan BO, editors, ICCSA 2015: Computational Science and Its Applications . Vol. 9156. Springer. 2015. p. 429-444. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). doi: 10.1007/978-3-319-21407-8_31

On computing order quantities for perishable inventory control with non-stationary demand

Abstract / Description of output

Publication series

Conference

Keywords / Materials (for Non-textual outputs)

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