Optimal Ordering Policy for a Multi-item,Single-supplier System with Constant Demand Rates |
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| Authors: | Sameer Kumar Sant Arora |
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| Affiliation: | 1.Department of Mechanical Engineering,University of Minnesota,Minneapolis,USA |
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| Abstract: | This paper develops optimal inventory-management rules for an n-item system supplied by a common vendor and with constant demand rates for the various items. The model allows planned stockouts, whose optimal values are determined on the basis of the total cost minimization. |
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