Study on the inventory control of deteriorating items under VMI model based on bi-level programming

  • Authors:
  • Hongjie Lan;Ruxian Li;Zhigao Liu;Ruijiang Wang

  • Affiliations:
  • School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China;School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China;School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China;School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China

  • Venue:
  • Expert Systems with Applications: An International Journal
  • Year:
  • 2011

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Abstract

We studied the inventory control of deteriorating items for suppliers under VMI model. The cost structure and the optional strategies for this model were first discussed. Bi-level programming models of integrated delivery strategies were established. We introduced the genetic algorithm to solve the problem. Finally the merit and demerit of each model and the adaptability were analyzed.