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Optimal Reorder Periods for an Inventory System with Variable Costs of Ordering

โœ Scribed by Eliezer Naddor and Sidney Saltzman


Book ID
123684084
Publisher
INFORMS
Year
1958
Tongue
English
Weight
336 KB
Volume
6
Category
Article
ISSN
0030-364X

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We describe a periodic review inventory system where emergency orders, which have a shorter supply lead time but are subject to higher ordering cost compared to regular orders, can be placed on a continuous basis. We consider the periodic review system in which the order cycles are relatively long s