Mathematical analytic techniques and the complete squares method for solving an inventory modelling problem with a mixture of backorders and lost sales
DOI10.1007/S13398-019-00764-8zbMATH Open1432.90012OpenAlexW2995645320MaRDI QIDQ2289385FDOQ2289385
Authors: Kun-Jen Chung, Jui-Jung Liao, Shy-Der Lin, Sheng-Tu Chuang, H. M. Srivastava 
Publication date: 28 January 2020
Published in: Revista de la Real Academia de Ciencias Exactas, Físicas y Naturales. Serie A: Matemáticas. RACSAM (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s13398-019-00764-8
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lost salesbackordersinventory modellingeconomic order quantity (EOQ)economic production quantity (EPQ)analytic casescomplete squares methoddifferentiability and convexitymathematical analytic techniques of calculusnon-convex cost function
Inventory, storage, reservoirs (90B05) Production models (90B30) Microeconomic theory (price theory and economic markets) (91B24) One-variable calculus (26A06)
Cites Work
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Cited In (4)
- The impact of system deterioration and product warranty on optimal lot sizing with maintenance and shortages backordered
- Matrix analytic solution to an inventory with service, reneging of customers and shortage
- Using the complete squares method to analyze a lot size model when the quantity backordered and the quantity received are both uncertain
- Optimizing price, lot size and backordering level for products with imperfect quality, different holding costs and non-linear demand
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