Optimizing Strategy of Goods Inventory Turnover in Pre-Warehouse Based on Dynamic Game Model
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DOI: 10.25236/edbm.2020.034
Author(s)
Xue Yan, Zixuan Wu
Corresponding Author
Xue Yan
Abstract
The inventory control model of fresh commodities in pre-warehouse was established by taking the fresh commodities with the shelf life of only one day as the research object. Then, starting from the uncertain demand quantity of fresh commodities, the punishment of shortage and the substitution of demand, the inventory control of pre-warehouse with the goal of maximizing the expected profit of e-commerce platform was studied. Finally, the optimal order quantity was determined and the inventory optimization strategy was summarized.
Keywords
Pre-warehouse storage, Optimization, Game theory, Newsboy model, Demand substitution