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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/119615


    Title: An inventory model with lost sale is time dependent
    Authors: Chen, Ying-Chieh;Chen, Po-Yu
    Keywords: Inventory;Partially backordered;Poisson demand;EOQ;Lost sales;Withdrawal rate
    Date: 2014-05
    Issue Date: 2020-11-20 12:10:27 (UTC+8)
    Abstract: In this paper, we shall construct an inventory model with partially backlogged shortage and Poisson demand. In the shortage period, we assume that lost sale is dependent on the length of waiting time. Under these assumptions, we find the optimal planning and shortage periods such that the expected profit per unit time is maximized. Also, we can estimate the optimal expected backordered quantity and the expected order quantity.
    Relation: The Economics and Finance Letters 1(4), p.39-48
    DOI: 10.18488/journal.29/2014.1.4/29.4.39.48
    Appears in Collections:[Graduate Institute & Department of Statistics] Journal Article

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