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A Simple Solution Method for the Finite horizon EOQ Model for deteriorating Items with Cost Changes.
Horng-Jinh Chang
Wen-Feng Lin
Published in:
Asia Pac. J. Oper. Res. (2011)
Keyphrases
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mathematical model
cost function
probabilistic model
objective function
finite horizon
lot size
markov model
em algorithm
markov decision process
optimal solution
service level
inventory policy