| Article ID: | iaor19971758 |
| Country: | Netherlands |
| Volume: | 19 |
| Issue: | 1 |
| Start Page Number: | 33 |
| End Page Number: | 41 |
| Publication Date: | Jul 1996 |
| Journal: | Operations Research Letters |
| Authors: | Teng Jinn-Tsair |
| Keywords: | economic order |
The paper proposes a simple and computationally efficient optimal method in recursive fashion to solve the problem of determining the number and timing of replenishment points, and the amount to be ordered at each replenishment in order to minimize the total ordering, inventory, and shortage costs in the case of a deterministic demand pattern having a linear trend.