ANALYTICAL COMPARATIVE STATICS FOR THE CONTINUOUS REVIEW INVENTORY MODEL

被引:2
作者
GERCHAK, Y [1 ]
机构
[1] UNIV MICHIGAN,DEPT IND & OPERAT ENGN,ANN ARBOR,MI 48109
关键词
inventory-production; ordering policies;
D O I
10.1016/0167-6377(90)90064-C
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Analytical comparative statics for multivariate models with no closed-form solutions are rarely available. We perform such analysis for the continuous review inventory model. In particular, we derive the direction of change in the order point (safety stock) as shortage penalty, expected demand and holding costs are pertubed. We do so for both backlog and lost-sales models. © 1990.
引用
收藏
页码:215 / 217
页数:3
相关论文
共 3 条
  • [1] [Anonymous], 1989, PRODUCTION OPERATION
  • [2] GERCHAK Y, 1988, EFFECT DEMAND RANDOM
  • [3] Hadley G., 1963, ANAL INVENTORY SYSTE