The Model of Demand and Inventory in a Decline Phase of the Product Life Cycle

• Autorzy: Piotr Hachuła , Ewa Schmeidel
• Języki publikacji: EN

Abstrakty

EN

In the paper, the mathematical model of demand and inventory is studied from the perspective of its applications in real business cases. The model is formulated with three difference equations of first order. Three scenarios focused on the last phase of the product life cycle, a decline, are investigated and commented upon. (original abstract)

Słowa kluczowe

EN

Warehouse management; Mathematical models; Product life cycle; Supply chain

PL

Gospodarka magazynowa; Modele matematyczne; Cykl życia produktu; Łańcuch dostaw

• Czasopismo: Folia Oeconomica Stetinensia
• Rocznik: 2016
• Numer: vol. 16, iss. 1
• Strony: 208--221

Twórcy

autor

Piotr Hachuła

• Institute of Logistics and Warehousing, Logistics Expertise Department

autor

Ewa Schmeidel

• University of Białystok

Bibliografia

• Brown, R.G. (1959). Statistical Forecasting for Inventory Control. New York: McGraw-Hill.
• Hachuła, P., Schmeidel, E. (2015). Stability Analysis of Demand-Inventory Modeling a Certain Business Case, in Transcom Proceedings, 22-24 June 2015 (CD), University of Zilina.
• Hachuła, P., Nockowska-Rosiak, M., Schmeidel, E. (2016). Stability of Equilibrium Points of Demand-Inventory Model with Stock-Dependent Demand. Journal of Difference Equations and Applications. DOI: 10.1080/10236198.2016.1208188. [Crossref]
• Iskra, E., Woźniak, K. (2014). Cykl życia produktu. Encyklopedia zarządzania. Available at: http://mfiles.pl/pl/index.php/Cykl_zycia_produktu (access: 18.08.2015).
• Krzyżaniak, S., Cyplik, P. (2008). Zapasy i magazynowanie, tom I - Zapasy. Poznań: Institute of Logistics and Warehousing.
• Ma, J., Feng, Y. (2008). The Study of the Chaotic Behaviour in Retailer's Demand Model. Discrete Dynamics in Nature and Society. DOI: 10.1155/2008/792031. [Crossref]
• Metzlar, A. (1941). The nature and stability of inventory cycles. The Review of Economic Statistics, 3 (23), 113-129.
• Nowakowska, L. (2015). Dynamic discrete model for electricity price forecasting, 5th International Youth Conference on Energy, 27-30 May 2015, Pisa. DOI: 10.1109/IYCE.2015.7180798. [Crossref]
• Sarjusz-Wolski, Z. (2000). Sterowanie zapasem w przedsiębiorstwie. Warszawa: Polskie Wydawnictwo Ekonomiczne.
• Wagner, H.M., Whitin, T.M. (1958). A dynamic version of the economic lot size model. Management Science, 10, 89-96.

Identyfikatory

DOI

10.1515/foli-2016-0013