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An inventory model with partial backordering and unit backorder cost linearly increasing with the waiting time.
Wan-ting Hu
Seung-Lae Kim
Avijit Banerjee
Published in:
Eur. J. Oper. Res. (2009)
Keyphrases
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computational model
lot size
prior knowledge
probabilistic model
total cost
neural network
probability distribution
mathematical model
conceptual model
lead time
partial information
objective function
cost function
management system
statistical model
optimization model