An algorithm for an inventory model with inventory-level-dependent demand rate

An algorithm for an inventory model with inventory-level-dependent demand rate

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Article ID: iaor20041945
Country: United Kingdom
Volume: 30
Issue: 9
Start Page Number: 1311
End Page Number: 1317
Publication Date: Aug 2003
Journal: Computers and Operations Research
Authors:
Abstract:

In 1990, Datta and Pal discussed an infinite time-horizon deterministic inventory model without shortages. In essence, they concentrate on the establishment of the inventory model but do not present a concrete solution procedure to solve the model. This paper deals with an alternative approach to find the optimal order quantity for Datta and Pal.

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