An optimal replenishment policy for deteriorating items with time-varying demand and partial backlogging

An optimal replenishment policy for deteriorating items with time-varying demand and partial backlogging

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Article ID: iaor20031293
Country: Netherlands
Volume: 30
Issue: 6
Start Page Number: 387
End Page Number: 393
Publication Date: Dec 2002
Journal: Operations Research Letters
Authors: , , ,
Abstract:

Recently, Papachristos and Skouri developed an inventory model in which unsatisfied demand is partially backlogged at a negative exponential rate with the waiting time. In this article, we complement the shortcoming of their model by adding not only the cost of lost sales but also the non-constant purchase cost.

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