Optimal replenishment policies with allo
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Cheng-Kang Chen; Ta-Wei Hung; Tzu-Chun Weng
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Article
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2007
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Elsevier Science
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English
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In this paper, we investigate replenishment policies with allowable shortages by considering a general, time-varying, continuous, and deterministic demand function for a product life cycle. The objective is to optimally determine the number of inventory replenishments, the inventory replenishment ti