Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System
Inventory control is an important subject in supply chain management. In this paper, a three echelon production, distribution, inventory system composed of one producer, two wholesalers and a set of retailers has been considered. Costumers' demands follow a compound Poisson process and the inve...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
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University of Isfahan
2014-01-01
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| Series: | مدیریت تولید و عملیات |
| Subjects: | |
| Online Access: | http://uijs.ui.ac.ir/jpom/browse.php?a_code=A-10-419-1&slc_lang=en&sid=1 |
| _version_ | 1797715297612857344 |
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| author | Seyed Hossein Razavi Hajiagha Maghsoud Amiri Mehdi Seif Barghy Laaya Olfat |
| author_facet | Seyed Hossein Razavi Hajiagha Maghsoud Amiri Mehdi Seif Barghy Laaya Olfat |
| author_sort | Seyed Hossein Razavi Hajiagha |
| collection | DOAJ |
| description | Inventory control is an important subject in supply chain management. In this paper, a three echelon production, distribution, inventory system composed of one producer, two wholesalers and a set of retailers has been considered. Costumers' demands follow a compound Poisson process and the inventory policy is a kind of continuous review (R, Q). In this paper, regarding the standard cost structure in an inventory model, the cost function of system has been approximated using Response Surface Methodology as a combination of designed experiments, simulation, regression analysis and optimization. The proposed methodology in this paper can be applied as a novel method in optimization of inventory policy of supply chains. Also, the joint optimization of inventory parameters, including reorder point and batch order size, is another advantage of the proposed methodology. |
| first_indexed | 2024-03-12T08:04:38Z |
| format | Article |
| id | doaj.art-2d05f3998d68428baaa10661c2d3a0fd |
| institution | Directory Open Access Journal |
| issn | 2251-6409 2423-6950 |
| language | fas |
| last_indexed | 2024-03-12T08:04:38Z |
| publishDate | 2014-01-01 |
| publisher | University of Isfahan |
| record_format | Article |
| series | مدیریت تولید و عملیات |
| spelling | doaj.art-2d05f3998d68428baaa10661c2d3a0fd2023-09-02T19:34:40ZfasUniversity of Isfahanمدیریت تولید و عملیات2251-64092423-69502014-01-01424154Application of Response Surface Methodology in Optimizing a Three Echelon Inventory SystemSeyed Hossein Razavi Hajiagha0Maghsoud Amiri1Mehdi Seif Barghy2Laaya Olfat3 Institute for trade studies and research Industrial Management Department, Faculty of Management and Accounting, Allameh Tabatabaei University, Tehran, Iran Technical and Engineering Department, Alzahra University, Tehran, Iran Industrial Management Department, Faculty of Management and Accounting, Allameh Tabatabaei University, Tehran, Iran Inventory control is an important subject in supply chain management. In this paper, a three echelon production, distribution, inventory system composed of one producer, two wholesalers and a set of retailers has been considered. Costumers' demands follow a compound Poisson process and the inventory policy is a kind of continuous review (R, Q). In this paper, regarding the standard cost structure in an inventory model, the cost function of system has been approximated using Response Surface Methodology as a combination of designed experiments, simulation, regression analysis and optimization. The proposed methodology in this paper can be applied as a novel method in optimization of inventory policy of supply chains. Also, the joint optimization of inventory parameters, including reorder point and batch order size, is another advantage of the proposed methodology.http://uijs.ui.ac.ir/jpom/browse.php?a_code=A-10-419-1&slc_lang=en&sid=1Supply Chain Multi echelon inventory system Compound Poisson Process Response Surface Methodology Optimization |
| spellingShingle | Seyed Hossein Razavi Hajiagha Maghsoud Amiri Mehdi Seif Barghy Laaya Olfat Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System مدیریت تولید و عملیات Supply Chain Multi echelon inventory system Compound Poisson Process Response Surface Methodology Optimization |
| title | Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System |
| title_full | Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System |
| title_fullStr | Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System |
| title_full_unstemmed | Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System |
| title_short | Application of Response Surface Methodology in Optimizing a Three Echelon Inventory System |
| title_sort | application of response surface methodology in optimizing a three echelon inventory system |
| topic | Supply Chain Multi echelon inventory system Compound Poisson Process Response Surface Methodology Optimization |
| url | http://uijs.ui.ac.ir/jpom/browse.php?a_code=A-10-419-1&slc_lang=en&sid=1 |
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