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An inventory model where backordered demand ratio is exponentially decreasing with the waiting time.

Joaquín SiciliaLuis Augusto San-JoséJuan García-Laguna
Published in: Ann. Oper. Res. (2012)
Keyphrases
  • lot size
  • lead time
  • objective function
  • probabilistic model
  • decision trees
  • probability distribution
  • mathematical model
  • holding cost
  • lost sales
  • graphical models
  • inventory systems