Deterministic inventory lot-size models
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Hui-Ling Yang; Jinn-Tsair Teng; Maw-Sheng Chern
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Article
📅
2001
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John Wiley and Sons
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English
⚖ 164 KB
👁 1 views
In this paper, we extend the inventory lot-size models to allow for inflation and fluctuating demand (which is more general than constant, increasing, decreasing, and log-concave demand patterns). We prove that the optimal replenishment schedule not only exists but is also unique. Furthermore, we sh