Optimal pricing and inventory control policy in periodic-review systems with fixed ordering cost and lost sales

2006 ◽  
Vol 53 (2) ◽  
pp. 117-136 ◽  
Author(s):  
Youhua (Frank) Chen ◽  
Saibal Ray ◽  
Yuyue Song
Keyword(s):  
Inventory Control ◽  
Control Policy ◽  
Optimal Pricing ◽  
Lost Sales ◽  
Periodic Review ◽  
Inventory Control Policy

Optimal Pricing and Inventory Control Policy with Quantity-Based Price Differentiation

2014 ◽  
Vol 62 (3) ◽  
pp. 512-523 ◽  
Author(s):  
Ye Lu ◽  
Youhua (Frank) Chen ◽  
Miao Song ◽  
Xiaoming Yan
Keyword(s):  
Inventory Control ◽  
Control Policy ◽  
Optimal Pricing ◽  
Price Differentiation ◽  
Inventory Control Policy

scholarly journals Inventory control policy for a periodic review system with expediting

2017 ◽  
Vol 49 ◽  
pp. 375-393 ◽  
Author(s):  
Yi Tao ◽  
Loo Hay Lee ◽  
Ek Peng Chew ◽  
Gang Sun ◽  
Vincent Charles
Keyword(s):  
Inventory Control ◽  
Control Policy ◽  
Periodic Review ◽  
Review System ◽  
Inventory Control Policy

scholarly journals Analisis Bullwhip Effect pada Rantai Supply dengan Model Q Menggunakan Pendekatan Hadley-Within di PT. XYZ Medan

2019 ◽  
Vol 2 (4) ◽  
Author(s):  
Martha Purnama Sari Panggabean ◽  
Dimas Akmarul Putera ◽  
Nursafwah
Keyword(s):  
Supply Chain ◽  
Inventory Control ◽  
Distribution System ◽  
Control Policy ◽  
Bullwhip Effect ◽  
Product Distribution ◽  
Soft Drinks ◽  
Inventory Cost ◽  
Inventory Control Policy ◽  
Q Model

PT. XYZ adalah perusahaan yang bergerak didalam pembuatan kemasan botol minum. Pendistribusian produk dilakukan PT XYZ menggunakan data historis berdasarkan jumlah permintaan pada tahun 2013 dan 2014. Data tersebut menunjukkan bahwa terjadinya perbedaan hasil. Tahun 2013 memiliki jumlah permintaan yang lebih rendah dari tahun 2014. Informasi terdapat bahwa perlu dilakukan pengevaluasian karena didalam rantai produksi terdapat bullwhip effect. Terdapat nilai bullwhip Effect menujukan bahwa nilai bullwhip effect untuk distributor Indomaret, Carrefour, dan rantai manufakturnya masing-masing sebesar 0,5303; 0,2967, dan 0,5114. Usulan perbaikan dapat diatasi yaitu dengan model Q yang berfungsi menggendalikan persediaan pada rantai pasok dengan metodeHadley-Within. Perhitungan pengendalian persediaan untuk distributor Indomaret, Carrefour, dan rantai manufakturnya masing-masing sebesar 1,0721; 1,100; dan 1,0714. Hasil dari perhitungan menujukan bahwa terjadi keseimbangan antara penjual dan pembeli sehingga biaya pun dapat dihematkan pada PT XYZ.   PT. XYZ Medan is manufacturing company that produce soft drinks of beverages in containers. In the product distribution system at PT. XYZ Medan, found that the number of orders based on the result of forecasting in 2013 lower than actual orders at distrbutor and manufacturer in 2014. Distorsion of information on this order can evaluate the indication of bullwhip effect in supply chain. Based on the result calculation of bullwhip effect, found that the value of bullwhip effect for Indomaret distributor, Carrefour, and supply chain of manufacturer each of 0,5303; 0,2967, and 0,5114. Proposed improvements to predominate bullwhip effect that is by doing inventory control policy with Q model using Hadley-Within approach. The value of bullwhip effect aftre doing inventory control policy for Indomaret distributor, Carrefour, and supply chain of manufacturer each of 1,0721; 1,100; dan 1,0714. The value of bullwhip effect which is close to one shows that the variance between the number of the order and the number of the demand nearly balanced so as to save the inventory cost at PT. XYZ Medan.

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