Simulation of inventory Policy for Product with Price and Time-dependent demand for deteriorating Item.
Diwakar ShuklaUttam Kumar KhedlekarRaghovendra Pratap Singh ChandelS. BhagwatPublished in: Int. J. Model. Simul. Sci. Comput. (2012)
Keyphrases
- inventory policy
- expected profit
- supply chain
- inventory models
- production cost
- infinite horizon
- service level
- multi item
- ordering cost
- finite horizon
- production system
- setup cost
- holding cost
- single product
- production planning
- production process
- lot sizing
- customer demand
- total cost
- graphical models
- dynamic programming