An acquisition policy for a single item multi-supplier system with real-world constraints

An efficient heuristic for the multi-ite

An efficient heuristic for the multi-item newsboy problem with a single constraint

✍ Steven Nahmias; Charles P. Schmidt 📂 Article 📅 1984 🏛 John Wiley and Sons 🌐 English ⚖ 493 KB

This article treats the problem of determining optimal and approximately optimal order quantities for a multiple-item inventory system subject to a single constraint on space or budget. Although this problem can be solved by the usual method of Lagrange multipliers, we wish to consider a more effici