Inventory Management in a Retail Pharmaceutical Industry During COVID-19 Pandemic

被引：0
|
作者：
Sahoo A. [1 ]
Panda M. [1 ]
机构：
[1] Department of Mathematics, Siksha ’O’Anusandhan Deemed to be University, Odisha, Bhubaneswar
来源：
International Journal of Applied and Computational Mathematics | 2024年 / 10卷 / 2期
关键词：
COVID-19; Finite time horizon; Interval optimization; Inventory model; Shortages; Time-varying demand; Triangular fuzzy number;
D O I：
10.1007/s40819-024-01678-9
中图分类号：
学科分类号：
摘要：
This article’s goal is to solve a COVID-19 pandemic-related multi-objective fuzzy inventory problem for a retail pharmacy. The fuzzy multi-objective inventory model is solved using nonlinear interval number programming. With decision variables including the number of replenishment cycles, service level, and time points at which shortages and replenishment occur, the model’s goal is to minimize total cost and shortage cost at the same time. This study is the first to give proper inventory management of two crucial commodities during the COVID-19 pandemic in order to prevent shortages using a real-world example from a retail pharmacy store. © The Author(s), under exclusive licence to Springer Nature India Private Limited 2024.
引用
收藏
相关论文
共 50 条
  • [1] Pharmaceutical retail supply chain responses to the COVID-19 pandemic
    Schleifenheimer, Maria
    Ivanov, Dmitry
    ANNALS OF OPERATIONS RESEARCH, 2024,
  • [2] Healthcare Optimization, Medication Management and Preparedness in Retail Pharmacy Industry during the Covid-19 Pandemic in India
    Mandavkar, Gagan Rajendra
    Dasgupta, Hirak
    CARDIOMETRY, 2021, (19): : 68 - 77
  • [3] Assessment of pharmaceutical inventory management in an Indonesian district health office: A pioneer study during the Covid-19 pandemic
    Suprapto, Hadi
    Nita, Yunita
    Hermansyah, Andi
    PHARMACY EDUCATION, 2023, 23 (04): : 164 - 167
  • [4] The effect of visibility on forecast and inventory management performance during the COVID-19 pandemic
    Dehkhoda, Kaveh
    Belanger, Valerie
    Cousineau, Martin
    INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH, 2024,
  • [5] Strategic management in Japanese tourism industry during the COVID-19 pandemic
    Baranyi, Alexandra-Gabriela
    PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON BUSINESS EXCELLENCE, 2021, 15 (01): : 1127 - 1134
  • [6] A regional exploration of retail visits during the COVID-19 pandemic
    Ballantyne, Patrick
    Singleton, Alex
    Dolega, Les
    REGIONAL STUDIES REGIONAL SCIENCE, 2021, 8 (01): : 366 - 370
  • [7] Assessing risk in the retail environment during the COVID-19 pandemic
    Budd, C.
    Calvert, K.
    Johnson, S.
    Tickle, S. O.
    ROYAL SOCIETY OPEN SCIENCE, 2021, 8 (05):
  • [8] Improving Working Conditions in Retail During the COVID-19 Pandemic
    Vukmirovic, Goran
    Maric, Radenko
    Maric, Dra'en
    Vucenovic, Sonja
    Lekovic, Ksenija
    Nuseva, Daniela
    REVIJA ZA SOCIJALNU POLITIKU, 2023, 30 (03): : 311 - 330
  • [9] Disaster management in India's construction industry during the Covid-19 pandemic
    Sheth, Alpa
    PROCEEDINGS OF THE INSTITUTION OF CIVIL ENGINEERS-CIVIL ENGINEERING, 2022, 175 (05) : 11 - 16
  • [10] Analysis of the communication management of Spanish pharmaceutical influencers on Instagram during the COVID-19 pandemic
    Gonzalez Romo, Zahaira Fabiola
    Iriarte Aguirre, Sofia
    REVISTA ESPANOLA DE COMUNICACION EN SALUD, 2020, : S9 - S30
12345