Name
Title | ||
|---|---|---|
A forward with backward inventory policy algorithm for nonlinear increasing demand and shortage backorders. |
Abstract | ||
|---|---|---|
The traditional inventory policies have been developed for constant demand processes. In reality, demand is not always stable; it might have an increasing pattern. In this paper, a forward with backward inventory policy algorithm is developed to determine the operational parameters of an inventory system with a nonlinear increasing demand rate, shortage backorders and a finite planning horizon. Numerical experiments are also conducted to compare the results with the existing techniques and to illustrate the applicability of the proposed technique. |
Year | DOI | Venue |
|---|---|---|
2018 | 10.1504/IJMOR.2018.095487 | IJMOR |
Field | DocType | Volume |
Mathematical optimization,Nonlinear system,Time horizon,Algorithm,Inventory system,Economic shortage,Mathematics | Journal | 13 |
Issue | Citations | PageRank |
4 | 0 | 0.34 |
References | Authors | |
0 | 4 | |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Ririn Diar Astanti | 1 | 0 | 1.01 |
| Huynh Trung Luong | 2 | 72 | 5.68 |
| Hui-Ming Wee | 3 | 443 | 56.23 |
| The Jin Ai | 4 | 0 | 0.68 |