| Article ID: | iaor19981565 |
| Country: | Netherlands |
| Volume: | 86 |
| Issue: | 2 |
| Start Page Number: | 293 |
| End Page Number: | 299 |
| Publication Date: | Oct 1995 |
| Journal: | European Journal of Operational Research |
| Authors: | Benkherouf Lakdere |
| Keywords: | economic order, deteriorating items |
In this paper we present an optimal procedure for finding the replenishment schedule for an inventory system with shortages, in which items deteriorate at a constant rate and demand rates are decreasing over a known and finite planning horizon. A numerical example is presented to illustrate the procedure.