A production–inventory model incorporating the effect of preservation technology investment when demand is fluctuating with time

In most of the inventory models in the literature, the rate of deterioration of goods is viewed as an exogenous variable, which is not subject to control. In the real market, firms can reduce the rate of deterioration of products by means of effective capital investment in preservation technology. I...

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Bibliographic Details
Published in:	Journal of computational and applied mathematics Vol. 239; pp. 25 - 36
Main Authors:	Hsieh, Tsu-Pang, Dye, Chung-Yuan
Format:	Journal Article
Language:	English
Published:	Elsevier B.V 01.02.2013
Subjects:	Demand Deterioration Financing Inventory Investment Marketing Mathematical models Optimization Particle swarm optimization Preservation Preservation technology investment Time-varying demand Preservation technology investment Time-varying demand Deterioration Particle swarm optimization Inventory
ISSN:	0377-0427, 1879-1778
Online Access:	Get full text
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