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Note on “future supply uncertainty in EOQ models”

✍ Scribed by Emre Berk; Antonio Arreola-Risa

Publisher
John Wiley and Sons
Year
1994
Tongue
English
Weight
185 KB
Volume
41
Category
Article
ISSN
0894-069X

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Inventory models of future supply uncert
Inventory models of future supply uncertainty with single and multiple suppliers
✍ Mahmut Parlar; David Perry 📂 Article 📅 1996 🏛 John Wiley and Sons 🌐 English ⚖ 1018 KB

We consider order-quantity / reorder-point inventory models where the availability of supply is subject to random fluctuations. We use concepts from renewal reward processes to develop average cost objective function models for single, two, and multiple suppliers. Identifying the regenerative cycle