Optimum ordering policies when order costs depend on time
نویسندگان
چکیده
— This paper considers optimum ordering policies minimizing the expected cost per unit time in the steady-state. It is assumed that a lead time for the spare is constant and order costs depend on time. It is shown in theorem that there exists afinite and unique optimum ordering policy under certain conditions.
منابع مشابه
Dynamic Inventory Planning with Unknown Costs and Stochastic Demand
Generally ordering policies are done by two methods, including fix order quantity (FOQ) and fix order period (FOP). These methods are static and either the quantity of ordering or the procedure of ordering is fixing in throughout time horizon. In real environments, demand is varying in any period and may be considered as uncertainty. When demand is variable in any period, the traditional and st...
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