On inventory policy for stochastic demand for multi-level policies

On inventory policy for stochastic demand for multi-level policies

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Article ID: iaor20023561
Country: China
Volume: 31
Issue: 2
Start Page Number: 156
End Page Number: 159
Publication Date: Apr 2001
Journal: Journal of Shandong University of Technology
Authors:
Abstract:

This paper studies formulae for a stochastic inventory model for two-level storage with fixed ordering cost and nonlinear inventory penalty cost and short supply cost, and gives the inventory policy (si, Si).

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