Comment on ‘An ordering policy for deteriorating items with allowable shortage and permissible delay in payment’ by Jamal,Sarker and Wang

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题名:	Comment on ‘An ordering policy for deteriorating items with allowable shortage and permissible delay in payment’ by Jamal,Sarker and Wang
作者:	Hsieh, Tsu-Pang;Dye, Chung-Yuan;Ouyang, Liang-Yuh
贡献者:	淡江大學經營決策學系
关键词:	Studies;Operations research;Inventory control;Mathematical models
日期:	2008-06
上传时间:	2011-10-20 16:22:25 (UTC+8)
出版者:	Basingstoke: Palgrave Macmillan Ltd.
摘要:	In an article published in JORS, Aggarwal and Jaggi (1995) considered the inventory model with an exponential deterioration rate under the condition of permissible delay in payments. Later on, Jamal et al (1997) extended Aggarwal and Jaggi's model to allow for shortages. This viewpoint complements the shortcomings of Jamal et al (1997). First, it shows that the optimal solution for each case not only exists but is unique under specific circumstance. Then, it provides a procedure for finding the optimal solution and shows in a rigorous way that the solution is indeed global minimum. In a specific circumstance, without the extremely high backorder cost, the model reduces to the case with no shortage and obtains the negative minimum cost.
關聯:	Journal of the Operational Research Society 59(6), pp.867-870
DOI:	10.1057/palgrave.jors.2602579
显示于类别:	[管理科學學系暨研究所] 期刊論文

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