A production lot size inventory model for deteriorating items and arbitrary production and demand rates

A production lot size inventory model for deteriorating items and arbitrary production and demand rates

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Article ID: iaor199969
Country: Netherlands
Volume: 92
Issue: 2
Start Page Number: 302
End Page Number: 309
Publication Date: Jul 1996
Journal: European Journal of Operational Research
Authors: ,
Keywords: deteriorating items
Abstract:

In this paper, we present a method for finding the optimal replenishment schedule for the production lot size model with deteriorating items, where demand and production are allowed to vary with time in an arbitrary way and in which shortages are allowed. The method is illustrated by a numerical example.

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