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...

Full description

Bibliographic Details
Main Authors: Freddy Andrés Pérez, Fidel Torres, Daniel Mendoza
Format: Article
Language:English
Published: Growing Science 2019-01-01
Series:International Journal of Industrial Engineering Computations
Subjects:
Online Access:http://www.growingscience.com/ijiec/Vol10/IJIEC_2018_5.pdf