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Generalized spare ordering policies with random lead time

✍ Scribed by Young T. Park; Kyung S. Park

Publisher: Elsevier Science
Year: 1986
Tongue: English
Weight: 659 KB
Volume: 23
Category: Article
ISSN: 0377-2217
DOI: 10.1016/0377-2217(86)90298-5

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## Abstract This note generalizes Fukuda's two‐alternate‐lead‐times model (1964) with linear ordering costs to the case where the ordering costs are convex. We use lattice programming to show the qualitative properties of an optimal ordering policy if the ordering costs are convex and to further ch