Optimal Policies for a Finite-Horizon Production Inventory Model

This paper is concerned with the problem of finding the optimal production schedule for an inventory model with time-varying demand and deteriorating items over a finite planning horizon. This problem is formulated as a mixed-integer nonlinear program with one integer variable. The optimal schedule...

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Bibliographic Details
Published in:	Advances in Operations Research Vol. 2012; no. 2012; pp. 360 - 375
Main Authors:	Benkherouf, Lakdere, Boushehri, Dalal
Format:	Journal Article
Language:	English
Published:	Cairo, Egypt Hindawi Limiteds 01.01.2012 Hindawi Puplishing Corporation Hindawi Publishing Corporation John Wiley & Sons, Inc
Subjects:	Algorithms Costs Deterioration Economic models Economic theory Hypotheses Integer programming Integers Inventories Mathematical models Nonlinearity Operations research Optimization Schedules Stockpiling Studies
ISSN:	1687-9147, 1687-9155
Online Access:	Get full text
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