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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/19758

    Title: (Q, R) inventory control involving a variable backorder rate
    Authors: Ouyang, Liang-yuh;Chuang, Bor-ren
    Contributors: 淡江大學經營決策學系
    Date: 2000-03
    Issue Date: 2009-11-30 12:20:58 (UTC+8)
    Publisher: New Delhi: TARU Publications
    Abstract: This study considers a (Q, R) continuous review inventory model with a partial backorder rate, and analyzes the effects of backorder rate as a control variable on the inventory system. Through running the optimal backorder policy, we can have the relevant inventory cost minimized to increase the competitive edge in business. We discuss two models that are complete and partial information about the lead time demand distribution, that is, we first assume that the lead time demand follows a normal distribution, and then remove this assumption and only assume that the first and second moments of the probability distribution of lead time demand are known. For each case, we develop a procedure to find the optimal ordering policy.
    Relation: Journal of statistics and management systems 3(1), pp.1-13
    DOI: 10.1080/09720510.2000.10701002
    Appears in Collections:[Department of Management Sciences] Journal Article

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