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Author:Goyal, S. K.
Giri, B. C.
Title:The production-inventory problem of a product with time varying demand, production and deterioration rates
Journal:European Journal of Operational Research
2003 : JUN, VOL. 147:3, p. 549-557
Index terms:Operational research
Production management
Inventory control
Freeterms:Time-varying demand
Partial backlogging
Language:eng
Abstract:The authors consider the production-inventory problem in which the demand, production and deterioration rates of a product are assumed to vary with time. Shortages of a cycle are allowed to be backlogged partially. Two models are developed for the problem by employing different modeling approaches over an infinite planning horizon. Solution procedures are derived for determining the optimal replenishment policies.
SCIMA record nr: 249851
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