✦ LIBER ✦

An inventory model with component commonality

✍ Scribed by Yigal Gerchak; Mordechai Henig

Publisher: Elsevier Science
Year: 1986
Tongue: English
Weight: 243 KB
Volume: 5
Category: Article
ISSN: 0167-6377
DOI: 10.1016/0167-6377(86)90089-1

No coin nor oath required. For personal study only.

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## Abstract This paper presents a single‐item inventory model with deterministic demand where the buyer is allowed to search for the most favorable price before deciding on the order quantity. In the beginning of each period, a sequential random sample can be taken from a known distribution and the