OPTIMALITY OF GENERALIZED (S, S) POLICIES

被引:91
作者
PORTEUS, EL [1 ]
机构
[1] STANFORD UNIV,STANFORD,CA 94305
来源
MANAGEMENT SCIENCE SERIES A-THEORY | 1971年 / 17卷 / 07期
关键词
D O I
10.1287/mnsc.17.7.411
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
A standard inventory model is examined with a concave increasing ordering cost function rather than simply a linear one with a setup cost. A generalized policy is shown to be optimal in the n- period problem. A generalization of K- convex and quasi- convex functions to quasi- K- convex functions is required in the process. The probability densities of demand must be one- sided Polya densities.
引用
收藏
页码:411 / 426
页数:16
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