A general and optimal approach for three inventory models with a linear trend in demand.
Hsin RauBing-Chang OuYangPublished in: Comput. Ind. Eng. (2007)
Keyphrases
- inventory models
- demand distributions
- inventory policy
- finite horizon
- single period
- inventory control
- lost sales
- special case
- periodic review
- expected cost
- ordering cost
- fixed cost
- average cost
- service level
- lead time
- infinite horizon
- optimal solution
- production planning
- dynamic programming
- asymptotically optimal
- optimal strategy
- cost function
- lower bound