Newton-Raphson method to find the optimal ordering.
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Cites work
- A Simple Inventory Replenishment Decision Rule for a Linear Trend in Demand
- A note on optimal inventory policies taking account of time value
- A solution procedure to determine inventory replenishment policies for deteriorating items in a declining market
- Economic analysis of inventory systems
- Error bounds for EOQ
- Newton-Raphson method for the expected present value of total inventory costs
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