| Article ID: | iaor20021066 |
| Country: | Netherlands |
| Volume: | 27 |
| Issue: | 4 |
| Start Page Number: | 175 |
| End Page Number: | 184 |
| Publication Date: | Nov 2000 |
| Journal: | Operations Research Letters |
| Authors: | Papachristos S., Skouri K. |
| Keywords: | deteriorating items |
We study a continuous review inventory model over a finite-planning horizon with deterministic varying demand and constant deterioration rate. The model allows for shortages, which are partially backlogged at a rate which varies exponentially with time. For this model an optimal replenishment policy is established.