This paper considers the optimal inventory ordering, purchasing and holding policies of the profit-maximization problem over a finite horizon of length H, under two special conditions. First, there is change in at least one of the inventory costs, i.e. in the cost of ordering and/or purchasing/holding, at some point, T
Track: Inventory Management
Published in: 5th Annual International Conference on Industrial Engineering and Operations Management, Dubai, United Arab Emirates
Publisher: IEOM Society International
Date of Conference: March 3
-5
, 2015
ISBN: 978-0-9855497-2-5
ISSN/E-ISSN: 2169-8767