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A lot size inventory model for the Weibull distributed deterioration rate with discounted selling price and stock-dependent demand.
Nita H. Shah
Bhavin J. Shah
Hui-Ming Wee
Published in:
Int. J. Data Anal. Tech. Strateg. (2009)
Keyphrases
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lot size
finite horizon
total cost
planning horizon
markov decision processes
lot sizing
infinite horizon
reorder point
dynamic programming
probability distribution
optimal policy
production cost
production process