The production and inventory systems taking account of time value

被引：7

作者：

Chung, KJ ^{[1
]}

Lin, SD

Chu, P

Lan, SP

机构：

[1] Natl Taiwan Univ Sci & Technol, Dept Ind Management, Taipei, Taiwan

[2] Chung Yung Univ, Dept Appl Math, Chungli 32023, Taiwan

[3] Cent Police Univ, Dept Traff Sci, Tao Yuan, Taiwan

[4] Natl Def Management Coll, Dept Stat, Taipei, Taiwan

来源：

PRODUCTION PLANNING & CONTROL | 1998年 / 9卷 / 06期

关键词：

deterministic inventory models; present value; instantaneous interest rate; optimization;

D O I：

10.1080/095372898233830

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

This paper discusses the optimal inventory policies taking account of time value by applying the concept of the present value method, and answers all open questions mentioned in Chung (Production Planning & Control, 1996, 7, 264-267). A simple algorithm to compute the optimal ordering time interval is developed to improve Chung's paper. Numerical examples reveal that the solution algorithm described in this paper is accurate and rapid.

引用

页码：580 / 584

页数：5

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