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A heuristic technique for inventory replenishment policy with increasing demand pattern and shortage allowance

✍ Scribed by Ririn Diar Astanti; Huynh Trung Luong


Book ID
105852779
Publisher
Springer
Year
2008
Tongue
English
Weight
202 KB
Volume
41
Category
Article
ISSN
0268-3768

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We establish various inventory replenishment policies to solve the problem of determining the timing and number of replenishments. We then analytically compare various models, and identify the best alternative among them based on minimizing total relevant costs. Furthermore, we propose a simple and