Article ID Journal Published Year Pages File Type
4630210 Applied Mathematics and Computation 2012 9 Pages PDF
Abstract

The paper deals with an optimal inventory replenishment policy for a deteriorating item considering time-quadratic demand and time-dependent partial backlogging which depends on the length of the waiting time for the next replenishment over a finite time horizon and variable replenishment cycle. The model is solved analytically to obtain the optimal solution of the problem. It is then illustrated with the help of numerical examples.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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