On an inventory model with deteriorating items and decreasing time-varying demand and shortages

In this paper we present an optimal procedure for finding the replenishment schedule for an inventory system with shortages, in which items deteriorate at a constant rate and demand rates are decreasing over a known and finite planning horizon. A numerical example is presented to illustrate the proc...

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Veröffentlicht in:European journal of operational research 1995-10, Vol.86 (2), p.293-299
1. Verfasser: Benkherouf, Lakdere
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description In this paper we present an optimal procedure for finding the replenishment schedule for an inventory system with shortages, in which items deteriorate at a constant rate and demand rates are decreasing over a known and finite planning horizon. A numerical example is presented to illustrate the procedure.
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subjects Algorithms
Applied sciences
Deteriorating items
Exact sciences and technology
Inventory control, production control. Distribution
Inventory management
Inventory systems
Mathematical models
Operational research and scientific management
Operational research. Management science
Operations research
Optimization
Shortages
Studies
Supply & demand
title On an inventory model with deteriorating items and decreasing time-varying demand and shortages
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