Inventory M lodels with Transshipment Collaboration among Bases Supporting Different Geographical Regions

Authors

Jinhong Zhong, 1. School of Management, Hefei University of Technology, Hefei 230009, China; ;2. Key Laboratory of Proces Optimization and Iolligent Decision making, Ministry of Education, Hefei 230009, China;
Cheng Hao, 1. School of Management, Hefei University of Technology, Hefei 230009, China; ;
Zhou Yun, 1. School of Management, Hefei University of Technology, Hefei 230009, China; ;

Abstract

Abstract: A multi location inventory system composed of a depot and several bases that covers diferent geographical regions was addressed, where there was bidirectional transshipment between the locations at the same region, and unidirectional transshipment between the locations at the different region. Each location in the system faced isolated Poisson distribution demand and adopted continuous review (S-1, S) policy. According to the M/G/S/S queue theory, birth and death process model and approximate calculation thought, the inventory models for the loss sales case and backorder case were established respectively. A discrete event simulation procedure for the inventory system was designed to acquire the comparison benchmark. For each variation combination of system parameters, the comparative analysis of computation results for the approximate, simulation, policy simulation, unidiectional transshipment, and no transshipment models, were made. As a result, the fact that the expected total cost of the proposed mixed transshipment approximate model is minimal was found.

Recommended Citation

Zhong, Jinhong; Hao, Cheng; and Yun, Zhou (2021) "Inventory M lodels with Transshipment Collaboration among Bases Supporting Different Geographical Regions," Journal of System Simulation: Vol. 27: Iss. 6, Article 3.
DOI: 10.16182/j.cnki.joss.2015.06.003
Available at: https://dc-china-simulation.researchcommons.org/journal/vol27/iss6/3

First Page

1175

Revised Date

2014-09-23

DOI Link

https://doi.org/10.16182/j.cnki.joss.2015.06.003

Last Page

1182

CLC

F253.4

Recommended Citation

Zhong Jinhong, Cheng Hao, Zhou Yun. Inventory M lodels with Transshipment Collaboration among Bases Supporting Different Geographical Regions[J]. Journal of System Simulation, 2015, 27(6): 1175-1182.

DOI

10.16182/j.cnki.joss.2015.06.003