AN ALTERNATIVE PROCEDURE FOR DETERMINING THE OPTIMAL POLICY FOR AN INVENTORY ITEM HAVING LINEAR TREND IN DEMAND

被引:19
作者
HARIGA, MA
GOYAL, SK
机构
[1] IND SAUD UNIV,IND ENGN PROGRAM,POB 800,RIYADH 11421,SAUDI ARABIA
[2] CONCORDIA UNIV,MONTREAL,PQ H3G 1M8,CANADA
关键词
INVENTORY ITEMS; LINEAR TREND IN DEMAND; SHORTAGES;
D O I
10.1057/jors.1995.71
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
In this paper we develop an iterative procedure for determining the optimal replenishment policy for an item having linear trend in demand. Shortages are permitted for the inventory item and can be backordered. Our optimal procedure is easier to apply than an earlier solution method reported in inventory literature with linearly time-varying demand and shortages. Two examples are included to illustrate the iterative procedure.
引用
收藏
页码:521 / 527
页数:7
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