Article ID: | iaor199630 |
Country: | India |
Volume: | 16 |
Issue: | 1 |
Start Page Number: | 83 |
End Page Number: | 100 |
Publication Date: | Jan 1995 |
Journal: | Journal of Information & Optimization Sciences |
Authors: | Lai K.K., Mak K.L. |
This paper presents a mathematical model developed for the synthesis of optimal replenishment policies for items which experience lumpy demands. In order to avoid disrupting the inventory system, a cutoff point of