| Article ID: | iaor1996103 |
| Country: | Switzerland |
| Volume: | 23 |
| Issue: | 4 |
| Start Page Number: | 315 |
| End Page Number: | 322 |
| Publication Date: | Apr 1995 |
| Journal: | Engineering Optimization |
| Authors: | Wee H.M. |
| Keywords: | scheduling, manufacturing industries |
The optimal production lot-size policy for perishable items has been developed for a situation when shortage is partially backordered and time is treated as a discrete variable. The total cost consists of cost due to deterioration, ordering cost, holding cost, cost due to backordering and cost due to lost sales. A numerical example, solved by a computer search approch, is shown to illustrate the derived model.