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Inventory systems with variable capacity

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  • Ilkyeong Moon
  • Byung-Hyun Ha
  • Jongchul Kim

Abstract

Many complex production/inventory systems are characterised by uncertain capacities due to imperfect facilities and processes. Uncertainty in supply capacity may consist of variable supplier capacities and random yields. We extend a model with variable supplier capacity in several directions and analyse the effects of variable supplier capacity. First, we investigate a lot-sizing problem in an EOQ model with variable supplier capacity and random yield. Second, we develop an EOQ model with storage or investment constraints when multiple items are considered. Third, we apply a distribution-free approach (DFA) to the (Q, r) model with variable supplier capacity. [Received: 11 November 2009; Revised: 21 June 2010; Accepted: 19 July 2010]

Suggested Citation

  • Ilkyeong Moon & Byung-Hyun Ha & Jongchul Kim, 2012. "Inventory systems with variable capacity," European Journal of Industrial Engineering, Inderscience Enterprises Ltd, vol. 6(1), pages 68-86.
    • Handle: RePEc:ids:eujine:v:6:y:2012:i:1:p:68-86
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    References listed on IDEAS

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    1. Yunzeng Wang & Yigal Gerchak, 1996. "Periodic Review Production Models with Variable Capacity, Random Yield, and Uncertain Demand," Management Science, INFORMS, vol. 42(1), pages 130-137, January.
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    6. Moon, Ilkyeong & Choi, Sangjin, 1997. "Distribution free procedures for make-to-order (MTO), make-in-advance (MIA), and composite policies," International Journal of Production Economics, Elsevier, vol. 48(1), pages 21-28, January.
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    Cited by:

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    2. Hackl, Roman & Harvey, Simon, 2013. "Framework methodology for increased energy efficiency and renewable feedstock integration in industrial clusters," Applied Energy, Elsevier, vol. 112(C), pages 1500-1509.
    3. Wierzbowski, Michal & Filipiak, Izabela, 2017. "Enhanced operational reserve as a tool for development of optimal energy mix," Energy Policy, Elsevier, vol. 102(C), pages 602-615.
    4. Deligiannis, Michalis & Liberopoulos, George & Pandelis, Dimitrios G., 2023. "Managing supply chain risks with dual sourcing: Bayesian learning of censored supply capacity," International Journal of Production Economics, Elsevier, vol. 265(C).
    5. Ting-Chen Hu & Kuo-Chen Hung & Kuo-Lung Yang, 2019. "The Convergence of Gallego’s Iterative Method for Distribution-Free Inventory Models," Mathematics, MDPI, vol. 7(5), pages 1-10, May.

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