search query: @author Goyal, S. K. / total: 16
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| Author: | Goyal, S. K. |
| Title: | Economic ordering policy for deteriorating items over an infinite time horizon. |
| Journal: | European Journal of Operational Research
1987 : MAR, VOL. 28:3, p. 298-301 |
| Index terms: | INVENTORIES MATHEMATICAL MODELS |
| Language: | eng |
| Abstract: | A total cost model is presented for the inventory problem of deteriorating items. A constant fraction of on hand inventory at the beginning of a period deteriorates during the period. The demand for the items during a period is supplied at the end of the period. However,shortages accumulated during a scheduling period are supplied at the start of the next scheduling period. An approach is suggested for determining economic ordering policy for the case of time-varying demand and a search procedure is developed when demand is constant in each period. |
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