A periodic-review inventory model in a fluctuating environment
نویسندگان
چکیده
منابع مشابه
Periodic review inventory control with fluctuating purchasing costs
We consider the periodic review inventory control problem in which the purchasing cost of the product changes, in a Markovian fashion, from one period to the next. After establishing (with and without the non-speculation assumption) that an order upto policy is optimal, we develop an efficient recursive solution procedure to compute the optimal levels. In addition, we propose a measure for the ...
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ژورنال
عنوان ژورنال: IIE Transactions
سال: 2008
ISSN: 0740-817X,1545-8830
DOI: 10.1080/07408170701488045