A single period model for a multiproduct perishable inventory system with economic substitution
β Scribed by Bryan L. Deuermeyer
- Publisher
- John Wiley and Sons
- Year
- 1980
- Tongue
- English
- Weight
- 455 KB
- Volume
- 27
- Category
- Article
- ISSN
- 0894-069X
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π SIMILAR VOLUMES
Consider a single-item, periodic review, infinite-horizon, undiscounted, inventory model with stochastic demands, proportional holding and shortage costs, and full backlogging. Orders can arrive in every period, and the cost of receiving them is negligible (as in a JIT setting). Every T periods, one
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