An EOQ Model with Random Variations in Demand
提出一个考虑需求率在随机时间点变化的库存模型,利用系统点水平交叉理论推导库存分布和期望总成本率,并给出最优订货量的敏感性分析。
This paper presents a model that incorporates variations in the demand rate at random time points into the inventory planning decision. These changes in demand may occur due to economic recessions, labor strife starting or ending, or other events that result in a period of time during which the rate of demand is shifted up or down from its current level. The paper uses system-point level-crossing theory to derive expressions for the distribution and expected value of on-hand inventory, ordering rate, and the expected total cost rate for a given ordering policy. A sensitivity analysis is conducted, and a number of qualitative properties are provided to illustrate the use of the results to obtain optimal order quantities.