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OPTIMAL LOT-SIZING POLICY FOR TIME-VARYING DEMAND WITH SHORTAGES AND DETERIORATION

โœ Scribed by Wang, Sheng-Pen

Book ID
120241788
Publisher
Chinese Electronic Periodical Services
Year
2003
Tongue
Chinese
Weight
192 KB
Volume
20
Category
Article
ISSN
1017-0669

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Deterministic inventory lot-size models
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โœ Hui-Ling Yang; Jinn-Tsair Teng; Maw-Sheng Chern ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 164 KB ๐Ÿ‘ 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