| Article ID: | iaor19941333 |
| Country: | United Kingdom |
| Volume: | 44 |
| Issue: | 12 |
| Start Page Number: | 1235 |
| End Page Number: | 1241 |
| Publication Date: | Dec 1993 |
| Journal: | Journal of the Operational Research Society |
| Authors: | Chung K.-J., Ting P.-S. |
| Keywords: | heuristics |
The classical no-shortage inventory policy is examined for the case of deteriorating items having a deterministic demand pattern with a linear (positive) trend. A heuristic model is developed to determine the optimal times for inventory replenishment whether or not a planning horizon exists. Some numerical examples are given.