| Author: | Flynn, J. Garstka, S. |
| Title: | The optimal review period in a dynamic inventory model |
| Journal: | Operations Research
1997 : SEP-OCT, VOL. 45:5, p. 736-750 |
| Index terms: | INVENTORIES MODELS OPERATIONAL RESEARCH |
| Language: | eng |
| Abstract: | Consider a single-item, periodic review, infinite-horizon, undiscounted, inventory model with stochastic demands, proportional holding and shortage costs, and full backlogging. Orders can arrive in every period, and the cost of receiving them is negligible. Every T periods, one observes the current stock level and orders deliveries for the next T periods, thus incurring a fixed setup cost, claim the authors of the present article. |
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