A production lot size inventory model for deteriorating items and arbitrary production and demand rates |
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| Institution: | 1. The Cain Foundation Laboratories, The Jan and Dan Duncan Neurological Research Institute, Houston, TX 77030, USA;2. Department of Pediatrics, Baylor College of Medicine, Houston, TX, USA;3. Department of Neurology, Baylor College of Medicine, Houston, TX, USA;4. Department of Neuroscience, Baylor College of Medicine, Houston, TX, USA;5. The Michael E. Debakey Veterans Affairs Medical Center, Houston, TX, USA |
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| Abstract: | In this paper, we present a method for finding the optimal replenishment schedule for the production lot size model with deteriorating items, where demand and production are allowed to vary with time in an arbitrary way and in which shortages are allowed. The method is illustrated by a numerical example. |
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