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Optimal inventory policies when the quantity backordered is uncertain

โœ Scribed by K.L. Mak

Book ID
107965337
Publisher
Elsevier Science
Year
1986
Tongue
English
Weight
382 KB
Volume
10
Category
Article
ISSN
0360-8352

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๐Ÿ“œ SIMILAR VOLUMES

The determination of optimal base-stock
The determination of optimal base-stock inventory policy when the costs of under- and oversupply are uncertain
โœ Timothy J. Lowe; Leroy B. Schwarz; Edward J. McGavin ๐Ÿ“‚ Article ๐Ÿ“… 1988 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 758 KB

This article considers the determination of the optimal base-stock inventory policy for the newsboy inventory model when there is uncertainty about either or both of its basic cost inputs: either C,, the marginal cost of an undersupply mistake, or C,, the marginal cost of an oversupply mistake. Such