The Optimal Ordering Policy for the Generalized Two-Stage Inventory System

일반화된 2단계 재고체계에서의 최적주문정책

We consider the optimal ordering policy for a single-product two-stage inventory system where the main assumptions are as follows: (i) constant continuous demand only at stage 2, (ii) constant input (production) rate at stage 1, (iii) instantaneous delivery (transportation) from stage 1 to stage 2, (iv) backlogging is allowed only at stage 2, (v) an infinite planning horizon. Costs considered are ordering and linear holding costs at both stages, and linear shortage cost only at stages 2. By solving 9 different case problems, we have observed the general from of the optimal ordering policies for our model which minimizes the total cost per unit time. It is noticeable from this observation that the questionable but more often than not adopted assumption by many authors in determining the optimal potimal policy for multistage inventory systems, that the ordering (lot) sizes at each stage remain constant thruout the planning horizon, is not valid.