Inventory Control of Sharing Products Based on Inventory Transshipment

DOI

10.2991/aemh-19.2019.51How to use a DOI?

Keywords

Sharing product, Markov decision process, Products surplus, Inventory transshipment

Abstract

In this paper, based on the traditional inventory theory, the inventory cost function mathematical model is established by considering the inventory level of multiple locations and combining with the non-after-effect of Markov decision-making process. In the process, inventory transshipment (active move, and to balance the inventory level at the time of the passive transfer) to ease the problem of the product surplus and product shortage, and we build a network structure of sharing product to research the solution set of the inventory cost function features at any stage when sharing product surplus and analysis the influence of transshipment price on total inventory level. The thesis is combined with practical application to provide Suggestions for solving the stock problem of Shared products.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Niannian Li
PY  - 2019/10
DA  - 2019/10
TI  - Inventory Control of Sharing Products Based on Inventory Transshipment
BT  - Proceedings of the 2019 International Conference on Advanced Education, Management and Humanities (AEMH 2019)
PB  - Atlantis Press
SP  - 262
EP  - 268
SN  - 2352-5398
UR  - https://doi.org/10.2991/aemh-19.2019.51
DO  - 10.2991/aemh-19.2019.51
ID  - Li2019/10
ER  -