Inventory control in environments with seasonal demand
โ Scribed by Stig-Arne Mattsson
- Book ID
- 107592890
- Publisher
- Springer US
- Year
- 2010
- Tongue
- English
- Weight
- 151 KB
- Volume
- 3
- Category
- Article
- ISSN
- 1936-9735
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This paper deals with the inventory-production control problem where the produced items are supposed to be deteriorating with a rate that depends on the stochastic demand rate. The inventory-production control problem is formulated as a jump linear quadratic control problem. The optimal policy that
In real life, when bulk purchase becomes convenient or even mandatory, it is a common practice for distributors to explore an alternative market in order to maximize the revenue earned. In this paper, we consider an inventory model for a product having seasonal demand with two potential markets, say