This paper considers a single-item, periodic-review inventory model with uncertain demands. We assume a finite production capacity in each period. With stationary data, a convex one-period cost function and a continuous demand distribution, we show (under a few additional unrestrictive assumptions) that a modified basic-stock policy is optimal under the discounted cost criterion, both for finit...

Stock market prediction is essential and of great interest because successful prediction of stock prices may promise smart benefits. These tasks are highly complicated and very difficult. Many researchers have made valiant attempts in data mining to devise an efficient system for stock market movement analysis. In this paper, we have developed an efficient approach to stock market prediction by...

We consider periodic review perishable inventory systems with a fixed product lifetime. Unsatisfied demand can be either lost or backlogged. The objective is to minimize the long-run average holding, penalty, and outdating cost. optimal policy for these notoriously complex computationally intractable because of curse dimensionality. Hence, various heuristic replenishment policies are proposed i...

The aim of this work was to study the biodegradation of different types of automotive lubricant oils adapted to the aqueous medium using a base inoculum and an aqueous inoculum. Four treatments were carried out in two consecutive and similar experiments: T1 (control); T2 (half-synthetic oil); T3 (mineral oil); T4 (used oil). The results showed the following decreasing order of CO2 production in...