Purchasing inventory models for exponential demand with deteriorating items and discounted cost-in third order equation
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DOI: 10.1504/ijpm.2019.10021046
Abstract: The purpose of this article is to present a solution procedure for the inventory problem of deteriorating items and exponential demand and taking account of time value of money. Also, most of the works on… read more here.
Keywords: time; inventory; exponential demand; inventory models ... See more keywords
The Convergence of Gallego’s Iterative Method for Distribution-Free Inventory Models
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DOI: 10.3390/math7050484
Abstract: For inventory models with unknown distribution demand, during shortages, researchers used the first and the second moments to derive an upper bound for the worst case, that is the min-max distribution-free procedure for inventory models.… read more here.
Keywords: inventory models; sequence; distribution free; iterative method ... See more keywords