Optimal Inventory Policies when Ordering Prices are Random
We consider a single-item inventory model with deterministic demands. At the beginning of each period, a random ordering price is received according to a known distribution function. A decision must be made as to how much (if any) of the item to order in each period so as to minimize total expected...
| Veröffentlicht in: | Operations Research. - Institute for Operations Research and the Management Sciences, 1956. - 33(1985), 3, Seite 575-588 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
1985
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| Zugriff auf das übergeordnete Werk: | Operations Research |
| Schlagworte: | Inventory theory Business Mathematics Behavioral sciences Economics |
| Online verfügbar |
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