Computational algorithmic procedure for optimal inventory policy involving ordering cost reduction and back-order discounts when lead time demand is controllable
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Publication:2381306
DOI10.1016/j.amc.2006.11.057zbMath1401.90032MaRDI QIDQ2381306
Publication date: 17 September 2007
Published in: Applied Mathematics and Computation (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.amc.2006.11.057
algorithm; lead time; discount; order quantity; mixture of normal distributions; ordering cost reduction; back-order rate
90B05: Inventory, storage, reservoirs
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Uses Software
Cites Work
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