Replenish-up-to inventory control policy with random replenishment intervals (original) (raw)

International Journal of Production Economics, 2005

Abstract

The multi period inventory problems have been studied under two main assumptions. Continuous review assumption where an order can be made at any time depending on inventory position and periodic review assumption where an order can be initiated only at discrete time epochs. In this study, we analyze a multi period inventory problem that falls under neither of these two

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