Inventory Control with a Randomly Available Discount Purchase Price

DOI10.1057/JORS.1968.101MaRDI QIDQ5554803zbMATH OpenOpenAlexFDO

Authors Arthur P. jun. Hurter, Frank C. Kaminsky

Publication date 1968

Published in The Journal of the Operational Research Society (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1057/jors.1968.101

zbMATH Keywords

operations research

Cited in

(5)

• Optimal ordering policies in inventory systems with random demand and random deal offerings
• The capital cost of holding inventory with stochastically mean-reverting purchase price
• Optimal ordering for a probabilistic one-time discount
• Zur Bestimmung der Parameter der (s,q)-Bestellpolitik bei laufender Lagerüberwachung
• An optimal ordering inventory policy when the purchase price follows a discrete-time Markov chain

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