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Optimal lot size model for deteriorating items with demand rate dependent on displayed stock level (DSL) and partial backordering.
A. K. Pal
Asoke Kumar Bhunia
R. N. Mukherjee
Published in:
Eur. J. Oper. Res. (2006)
Keyphrases
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lot size
total cost
production cost
reorder point
multistage
mathematical model
lot sizing
lead time
objective function
mixed integer programming
optimal solution
planning horizon
supply chain
dynamic programming
state dependent
production process
probability distribution
long run average cost