Optimal control policies for a periodic
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Chi Chiang; Genaro J. Gutierrez
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Article
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1998
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John Wiley and Sons
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English
⚖ 132 KB
👁 1 views
We describe a periodic review inventory system where emergency orders, which have a shorter supply lead time but are subject to higher ordering cost compared to regular orders, can be placed on a continuous basis. We consider the periodic review system in which the order cycles are relatively long s