A deterministic lot-size inventory model with shortages and a linear trend in demand

Deterministic inventory lot-size models

Deterministic inventory lot-size models under inflation with shortages and deterioration for fluctuating demand

✍ Hui-Ling Yang; Jinn-Tsair Teng; Maw-Sheng Chern 📂 Article 📅 2001 🏛 John Wiley and Sons 🌐 English ⚖ 164 KB 👁 1 views

In this paper, we extend the inventory lot-size models to allow for inflation and fluctuating demand (which is more general than constant, increasing, decreasing, and log-concave demand patterns). We prove that the optimal replenishment schedule not only exists but is also unique. Furthermore, we sh