Title of Article |
Group-buying inventory policy with demand under Poisson process |
Date of Acceptance |
10 September 2015 |
Journal |
Title of Journal |
Songklanakakin Journal of Science and Technology |
Standard |
SCOPUS |
Institute of Journal |
Prince of Songklanakarin University |
ISBN/ISSN |
0125-3395 |
Volume |
38 |
Issue |
1 |
Month |
Jan-Feb |
Year of Publication |
2017 |
Page |
113-117 |
Abstract |
The group-buying is the modern business of selling in the uncertain market. In this paper, we present the group-buying inventory model with demand is a Poisson process and the product sale is distributed as Binomial distribution. The inventory level is under continuous review and lead time is fixed. The objective is to minimize the total cost in terms of the order quantity and re-order point.
A Numerical example is illustrated. |
Keyword |
demand, group-buying, inventory model, lead time, Poisson process |
Author |
|
Reviewing Status |
มีผู้ประเมินอิสระ |
Status |
ตีพิมพ์แล้ว |
Level of Publication |
นานาชาติ |
citation |
false |
Part of thesis |
true |
Attach file |
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Citation |
0
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