Inventory policy of a deteriorating item with variable demand under trade credit period.
Partha GuchhaitManas Kumar MaitiManoranjan MaitiPublished in: Comput. Ind. Eng. (2014)
Keyphrases
- inventory policy
- ordering cost
- fixed cost
- inventory models
- planning horizon
- infinite horizon
- lot sizing
- periodic review
- supply chain
- multi item
- service level
- expected profit
- production system
- inventory systems
- finite horizon
- inventory control
- setup cost
- stochastic demand
- total cost
- single stage
- production cost
- single product
- holding cost
- optimal control
- lead time
- lot size
- long run
- single period
- multistage
- lower bound
- inventory level
- upper bound