| Article ID: | iaor1997466 |
| Country: | United Kingdom |
| Volume: | 47 |
| Issue: | 6 |
| Start Page Number: | 829 |
| End Page Number: | 832 |
| Publication Date: | Jun 1996 |
| Journal: | Journal of the Operational Research Society |
| Authors: | Ouyang Liang-Yuh, Yeh Neng-Che, Wu Kun-Shan |
In a recent paper, Ben-Daya and Raouf presented a continuous review inventory model in which they considered both lead time and the order quantity as decision variables where the shortages are neglected. The paper assumes that the shortages are allowed and extends the Ben-Daya and Raouf model by adding the stockout cost. Furthermeore, the effects of parameters are also included. (see IAOR 56740)