Inventory models with resource constraints and shortages allowed on seasonal demand

Inventory models with resource constraints and shortages allowed on seasonal demand

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Article ID: iaor2007550
Country: China
Volume: 8
Issue: 3
Start Page Number: 72
End Page Number: 80
Publication Date: Jun 2005
Journal: Journal of Management Sciences in China
Authors: ,
Keywords: programming: integer
Abstract:

To the best of the authors' knowledge there is no work done on the inventory problem with seasonal demand, shortages allowed, and resource constrained. In this study, we propose an integer programming method to solve the problem. The proposed model not only can easily be applied to real life but also allows constraints to be added by decision maker to fit the real world situations. Finally, some examples are included for demonstrating the usefulness of the proposed model.

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