| Article ID: | iaor20022651 |
| Country: | China |
| Volume: | 3 |
| Issue: | 1 |
| Start Page Number: | 73 |
| End Page Number: | 75 |
| Publication Date: | Mar 2001 |
| Journal: | Gold Journal |
| Authors: | Zhang Xiaohong, Yang Zhongbing, Lu Ying |
With the aid of Poisson Process theory, the characteristics needs of inventory system with a single deteriorating item is considered, and then the optimal control model of the above inventory system with definite lifetime is developed for the purpose of minimizing the average costs of the above system during a business cycle.