A comparison of average and discounted cost models for the dynamic lot size inventory problem

DOI10.1016/0377-2217(85)90110-9zbMath0569.90015OpenAlexW2039923630MaRDI QIDQ1060941

Suresh Chand, Kwei Tang

Publication date: 1985

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0377-2217(85)90110-9

zbMATH Keywords

heuristicsaverage cost modelsdiscounted cost modelsdynamic lot size inventory problemnonstationary demand ratesoptimal order policies

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Related Items (1)

Heuristic methods and applications: A categorized survey

Cites Work

• Dynamic Version of the Economic Lot Size Model

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