Journal of Northeastern University ›› 2011, Vol. 32 ›› Issue (2): 302-304.DOI: -

• OriginalPaper • Previous Articles    

Optimal decision on cold-chain storage of goods

Liu, Bao-Zheng (1); Wang, Ding-Wei (1)   

  1. (1) School of Information Science and Engineering, Northeastern University, Shenyang 110819, China
  • Received:2013-06-19 Revised:2013-06-19 Published:2013-04-04
  • Contact: Liu, B.-Z.
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Abstract: Assuming that the inventory costs in cold chain increase linearly and time-dependently with mass loss and that the selling prices of refrigerated goods rise slowly and come up to the peak at a certain time, then the prices are going down slowly, an optimal model is developed for storage/sales of refrigerated goods, where the objective is maximizing the profits after the stocks have all been sold out with the selling time taken as a decision variable. The conditional extreme value method of nonlinear programming is used to solve the model. Simulation results verified the feasibility and effectiveness of the model by a numerical example.

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