A PLANNING HORIZON THEOREM AND OPTIMAL ORDERING POLICIES IN THE CASE WHERE DEMAND RATE VARIES ONCE OVER A FINITE PLANNING HORIZON
نویسندگان
چکیده
منابع مشابه
A production planning model for an unreliable production facility: Case of finite horizon and single demand
We study a two-level inventory system that is subject to failures and repairs. The objective is to minimize the expected total cost so as to determine the production plan for a single quantity demand. The expected total cost consists of the inventory carrying costs for finished and unfinished items, the backlog cost for not meeting the demand due-date, and the planning costs associated with the...
متن کاملGraph Planning with Expected Finite Horizon
Graph planning gives rise to fundamental algorithmic questions such as shortest path, traveling salesman problem, etc. A classical problem in discrete planning is to consider a weighted graph and construct a path that maximizes the sum of weights for a given time horizon T . However, in many scenarios, the time horizon is not fixed, but the stopping time is chosen according to some distribution...
متن کاملOptimal Policies for a Finite-Horizon Production Inventory Model
This paper is concerned with the problem of finding the optimal production schedule for an inventory model with time-varying demand and deteriorating items over a finite planning horizon. This problem is formulated as a mixed-integer nonlinear program with one integer variable. The optimal schedule is shown to exist uniquely under some technical conditions. It is also shown that the objective f...
متن کاملOptimal policies for a finite-horizon batching inventory model
Taylor & Francis makes every effort to ensure the accuracy of all the information (the “Content”) contained in the publications on our platform. However, Taylor & Francis, our agents, and our licensors make no representations or warranties whatsoever as to the accuracy, completeness, or suitability for any purpose of the Content. Any opinions and views expressed in this publication are the opin...
متن کاملInventory Model for Non – Instantaneous Deteriorating Items, Stock Dependent Demand, Partial Backlogging, and Inflation over a Finite Time Horizon
In the present study, the Economic Order Quantity (EOQ) model of two-warehouse deals with non-instantaneous deteriorating items, the demand rate considered as stock dependent and model affected by inflation under the pattern of time value of money over a finite planning horizon. Shortages are allowed and partially backordered depending on the waiting time for the next replenishment. The main ob...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of the Operations Research Society of Japan
سال: 1982
ISSN: 0453-4514,2188-8299
DOI: 10.15807/jorsj.25.390