Constrained backorders inventory system with varying order cost: Lead time demand uniformly distributed
نویسنده
چکیده
Probabilistic model; Inventory; Varying order cost; Holding cost; Lead-time demand; Uniform distribution; Safety stock Abstract This paper discusses the probabilistic backorders inventory system when the order cost unit is a function of the order quantity. Our objective is to minimize the expected annual total cost under a restriction on the expected annual holding cost when the lead time demand follows the uniform distribution. Then some special cases are deduced and an illustrative numerical example with its graphs is added. a 2011 King Saud University. Production and hosting by Elsevier B.V. All rights reserved.
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