Inventory systems for deteriorating items with shortages and a linear trend in demand-taking account of time value

被引:43
作者
Chung, KJ
Tsai, SF
机构
[1] Natl Taiwan Univ Sci & Technol, Dept Ind Management, Taipei, Taiwan
[2] Chung Hua Univ, Dept Business Management, Hsinchu, Taiwan
关键词
linear trend in demand; EOQ models; deterioration; shortages; discounted cash flow;
D O I
10.1016/S0305-0548(00)00016-2
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
This paper derives an inventory model for deteriorating items with the demand of linear trend and shortages during the finite planning horizon considering the time value of money. A simple solution algorithm using a line search is presented to determine the optimal interval which has positive inventories. Numerical examples are given to explain the solution algorithm. Sensitivity analysis is performed to study the effect of changes in the system parameters. (C) 2001 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码:915 / 934
页数:20
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