In this article, we consider the inventory replenishment problem with shortages over a fixed time horizon for a product deteriorating at a constant rate. We do not put restrictions on the length of the replenishment cycles and the form of the demand function making our model a general one. For linearly and exponentially time varying demands, the results of a comparative work show that our heuristic is economically and computationally more efficient than the equal cycle approach. (C) 1997 Elsevier Science Ltd.
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页码:1075 / 1083
页数:9
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[1]
GOSWAMI A, 1991, J OPER RES SOC, V42, P1105, DOI 10.2307/2582957