Dynamic-programming and optimal inventory processes

Dynamic-programming and optimal inventory processes

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Article ID: iaor2000637
Country: United States
Volume: 27
Issue: 9/10
Start Page Number: 213
End Page Number: 217
Publication Date: Sep 1994
Journal: Computers & Mathematics with Applications
Authors:
Keywords: programming: dynamic
Abstract:

The aims of this paper are to give analytical and computational studies of optimal inventory processes and to illustrate its applications in management. First, let us develop the concepts and techniques that are useful in our studies of the optimal inventory processes. Second, we will show the scope of the monograph of our studies. Finally, we present that the use of inventory models is not limited to controlling goods in a warehouse, but has a broad range of application areas.

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