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Optimal Decision Rule of the inventory Problem for Deteriorating items with Shortages and Time-varying Demand
引用本文:ZHOU Yongwu(Hefei University of Technology Helei,230009,China). Optimal Decision Rule of the inventory Problem for Deteriorating items with Shortages and Time-varying Demand[J]. 系统科学与系统工程学报(英文版), 1996, 0(2)
作者姓名:ZHOU Yongwu(Hefei University of Technology Helei  230009  China)
作者单位:Hefei University of Technology Helei,230009,China
摘    要:
OptimalDecisionRuleoftheinventoryProblemforDeterioratingitemswithShortagesandTime-varyingDemand¥ZHOUYongwu(HefeiUniversityofT...


Optimal Decision Rule of the inventory Problem for Deteriorating items with Shortages and Time-varying Demand
ZHOU Yongwu. Optimal Decision Rule of the inventory Problem for Deteriorating items with Shortages and Time-varying Demand[J]. Journal of Systems Science and Systems Engineering, 1996, 0(2)
Authors:ZHOU Yongwu
Abstract:
In this paper, we consider the general inventory problem for deteriorating items having time-varying demand and shortages. An optimal order policy is obtained for determining the number of reorders and the time of the reorder points and shortage points in order to minimize the total cost of system. Several fundamental theoretical results are established for this model. The corresponding cases for no-deterioration and no-shortage is also discussed. To illustrate the solution procedure,numerical examples are shown for the special case of linear increasing demand.
Keywords:Deteriorating items  Shortage  Order: Inventory model
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