Optimal inventory policies for imperfect inventory with price dependent stochastic demand and partially backlogged shortages
The paper investigates a single period imperfect inventory model with price dependent stochastic demand and partial backlogging. The backorder rate is a nonlinear non-increasing function of the magnitude of shortage. Two special cases are considered assuming that the percentage of defective items...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Belgrade
2012-01-01
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Series: | Yugoslav Journal of Operations Research |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0354-0243/2012/0354-02431200007B.pdf |