| Article ID: | iaor19971230 |
| Country: | India |
| Volume: | 17 |
| Issue: | 1 |
| Start Page Number: | 17 |
| End Page Number: | 48 |
| Publication Date: | Jan 1996 |
| Journal: | Journal of Information & Optimization Sciences |
| Authors: | Masanori Kodama |
| Keywords: | probability |
The paper considers the probabilistic inventory models with various partial returns and additional orders. There are the ordering costs, holding costs and penalty costs in the models. Specific values of the variables that minimize the total expected costs in one stage are found. Mathematical generalization of these problems is made and various properties are discussed.