http://hdl.handle.net/1765/19256
http://dx.doi.org/10.1016/j.ejor.2006.03.026
EI-1442
scopus: cited 9 times
web of science: cited 7 times
http://dx.doi.org/10.1016/j.ejor.2006.03.026
EI-1442
scopus: cited 9 times
web of science: cited 7 times
A deterministic inventory/production model with general inventory cost rate function and piecewise linear concave production costs
2007-05-16
Article
volume 179, issue 1 pp 114-123.
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We present a thorough analysis of the economic production quantity model with shortages under a general inventory cost rate function and piecewise linear concave production costs. Consequently, an effective solution procedure, particularly useful for an approximation scheme, is proposed. A computational study is appended to illustrate the performance of the proposed solution procedure.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- C6 : Mathematical Methods and Programming
- M : Business Administration and Business Economics; Marketing; Accounting
- R4 : Transportation Systems
- M11 : Production Management