A net present value approach in developing optimal replenishment policies for a product life cycle

DOI10.1016/j.amc.2006.05.164zbMath1162.90305OpenAlexW2048917749MaRDI QIDQ879492

Ta-Wei Hung, Tzu-Chun Weng, Cheng-Kang Chen

Publication date: 14 May 2007

Published in: Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.amc.2006.05.164

zbMATH Keywords

inventory replenishmentnet present valueNelder-Mead algorithmproduct life cycle

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Inventory, storage, reservoirs (90B05)

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Uses Software

• fminsearch

Cites Work

• Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting
• A forward recursive algorithm for inventory lot-size models with power-form demand and shortages
• A deterministic inventory replenishment model with a linear trend in demand
• Ordering and Inventory Policies for Step Changes in the Unit Item Cost: A Discounted Cash Flow Approach
• The E.O.Q. for Linear Increasing Demand: A Simple Optimal Solution
• Production and Inventory Model Using Net Present Value
• Inventory Replenishment Policy for Increasing Demand
• An Inventory Replenishment Policy for The Case of a Linear Decreasing Trend in Demand^†
• Inventory Replenishment Policy for a Linear Trend in Demand—An Analytical Solution
• A Simple Inventory Replenishment Decision Rule for a Linear Trend in Demand
• Convergence Properties of the Nelder--Mead Simplex Method in Low Dimensions
• A Simplex Method for Function Minimization
• Optimal inventory replenishment models for deteriorating items taking account of time discounting
• Unnamed Item

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