A centralized inventory system serves a number of stores with common ownership, and thus reliable and timely information sharing. Each of them pays a share of the inventory cost, and the reward structure leaves the owners of individual stores rewarded for their individual performance. Appropriate se
โฆ LIBER โฆ
Order splitting in continuous review (Q, r) inventory models
โ Scribed by Roger M. Hill
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 657 KB
- Volume
- 95
- Category
- Article
- ISSN
- 0377-2217
No coin nor oath required. For personal study only.
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## Abstract This paper is concerned with the optimum decision variables found using order quantity, reorder point (__Q__, __R__) inventory models. It examines whether the optimum variables (__Q__\* and R\*) are necessarily monotonic functions of the backorder cost parameter (or equivalently of the