Stocking and price-reduction decisions for non-instantaneous deteriorating items under time value of money
Deteriorating inventory models are used as decision support tools for managers primarily, although not exclusively, in the retail trade. The mathematical modeling of deteriorating items allows managers to analyze their inventory management systems to identify areas that can be improved and to measur...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Growing Science
2019-01-01
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Series: | International Journal of Industrial Engineering Computations |
Subjects: | |
Online Access: | http://www.growingscience.com/ijiec/Vol10/IJIEC_2018_5.pdf |