Return policies for an inventory system with positive and negative demands
β Scribed by Daniel P. Heyman
- Publisher
- John Wiley and Sons
- Year
- 1978
- Tongue
- English
- Weight
- 822 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0894-069X
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This article explores ordering policies for inventory systems with three supply modes. This model is particularly interesting because the optimal ordering decision needs to balance the inventory and purchase costs, as well as the costs for earlier and later periods. The latter cost trade-off is pres
## Abstract This paper is concerned with the problem of simultaneously setting price and production levels for an exponentially decaying product. Such products suffer a loss in utility which is proportional to the total quantity of stock on hand. A continuous review, deterministic demand model is c
Inventory control of products with finite lifetimes is important in many modern business organizations. It has been an important and difficult research subject. Here, we study the (s, S) continuous review model for items with an exponential random lifetime and a general renewal demand process throug
We consider an inventory system with one warehouse and Nretailers. All installations apply different order-up-to-S policies. Transportation times are constant and the retailers face compound Poisson demand. We provide a simple recursive procedure for the evaluation of holding and shortage costs for