A note on multi-item inventory systems with limited capacity (Q1102170)
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scientific article; zbMATH DE number 4049352
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A note on multi-item inventory systems with limited capacity |
scientific article; zbMATH DE number 4049352 |
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A note on multi-item inventory systems with limited capacity (English)
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1988
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Functional relationships between the Lagrange multiplier and system parameters for multi-item inventory systems with one restriction are identified and used to establish tight bounds on the optimal multiplier value. A recursive process which rapidly converges to the optimal multiplier is also discussed. Finally, a comparative analysis of the new bounds in relation to existing bounds is presented.
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Lagrange multiplier
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system parameters
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multi-item inventory systems
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tight bounds
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