Inventory Replenishment Policy for a Linear Trend in Demand—An Analytical Solution

1977-10-01articleJournal of the Operational Research Society418 citationsclosed

No readable copy stored yet — this record is metadata only.

Supply Chain and Inventory Management Management and Optimization Techniques Optimization and Mathematical Programming

Abstract

The classical no-shortage inventory policy is examined for the case of a linear trend in demand. Using methods of calculus a computationally simple procedure for determining the optimal times for replenishment of inventory is established. Table extracts for the functions required are included.

Citations in this library

Stored only when both papers are in the corpus — 418 citations exist upstream.

Cited by

1991A Simple Forward Algorithm to Solve General Dynamic Lot Sizing Models with n Periods in 0(n log n) or 0(n) Time

1988A Deterministic Inventory System with an Inventory-Level-Dependent Demand Rate

1999An EOQ model for deteriorating items with time varying demand and partial backlogging

2007Inventory models with ramp type demand rate, partial backlogging and Weibull deterioration rate

1996Optimal EOQ Models for Deteriorating Items with Time-Varying Demand

2011An EOQ model with delay in payments and time varying deterioration rate

1995An EOQ Model for Deteriorating Items with Linear Time-dependent Demand Rate and Shortages under Inflation and Time Discounting

1979A Simple Inventory Replenishment Decision Rule for a Linear Trend in Demand