A study on iterative algorithm for stochastic distribution free inventory models (Q369816): Difference between revisions
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| Property / author: Jennifer Shu-Jen Lin / rank | |||
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| Property / author: Jennifer Shu-Jen Lin / rank | |||
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| Property / MaRDI profile type: MaRDI publication profile / rank | |||
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| Property / full work available at URL: https://doi.org/10.1155/2013/251694 / rank | |||
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| Property / cites work: Defective units in a continuous review (s, Q) system / rank | |||
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| Property / cites work: Distribution Free Procedures for Some Inventory Models / rank | |||
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| Property / cites work: Technical note on \((Q,r,L)\) inventory model with defective items / rank | |||
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Latest revision as of 21:57, 6 July 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A study on iterative algorithm for stochastic distribution free inventory models |
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A study on iterative algorithm for stochastic distribution free inventory models (English)
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19 September 2013
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Summary: We studied the iterative algorithm in [\textit{C.-T. Tung} et al., Abstr. Appl. Anal. 2010, Article ID 878645, 8 p. (2010; Zbl 1201.90021)] to find out that their assertion is questionable. We derived two new relations between safe factor and order quantity so that we can execute the iterative algorithm proposed by Wu and Ouyang [``Inventory model with defective items'', Comput. Ind. Engineering 39, No. 1--2, 173--185 (2001)]. We have proved that three generated sequences indeed converge to provide a theoretical validation for their iterative procedure.
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