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| Author: | Kapuscinski, R. |
| Title: | A capacited production-inventory model with periodic demand |
| Journal: | Operations Research
1998 : NOV-DEC, VOL. 46:6, p. 899-911 |
| Index terms: | OPERATIONS MANAGEMENT DEMAND INVENTORY CONTROL |
| Language: | eng |
| Abstract: | For a single product, single-stage capacitated production-inventory model with stochastic, periodic (cyclic) demand, the authors find the optimal policy and characterize some of its properties. The authors study the finite-horizon, the discounted infinite-horizon and the infinite-horizon average cases. A simulation based optimization method is provided to compute the optimal parameters. Based on a numerical study, several insights into the model are also provided. |
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