Now showing items 21-23 of 23
A mathematical model for perishable products with price- and displayed-stock-dependent demand
(Elsevier Ltd., 2016-12)
We introduce an economic order quantity model that incorporates product assortment, pricing and space-allocation decisions for a group of perishable products. The goal is to maximize the retailer's profit under shelf-space ...
The two-level economic lot sizing problem with perishable items
We present an economic lot sizing model of a supply chain for the procurement and distribution of a perishable item. We assume that the consumers always buy the item that lasts longer. We show that determining optimal ...
A DBN based reactive maintenance model for a complex system in thermal power plants
(Elsevier Sci LTD, 2019-10)
Thermal power plants consist of several complex systems having many interacting hidden components. Any unexpected failure may lead to prolonged downtime and serious lost profits. Therefore, implementing an effective ...