SOME HEURISTICS FOR THE DISCRETE TIME‐PROPORTIONAL DEMAND INVENTORY PROBLEM
Abstract
This paper develops heuristics for the discrete‐time‐proportional demand inventory problem. In addition to the traditional minimal cost objective, return on investment in inventory is proposed as an alternative criterion in capital constrained situations. The resulting heuristics can be implemented with little computational effort. Moreover, the policies associated with the general inventory cases are independent of the length of the planning horizon. Some computational experience is also reported.
Citation
Arcelus, F.J. and Srinivasan, G. (1985), "SOME HEURISTICS FOR THE DISCRETE TIME‐PROPORTIONAL DEMAND INVENTORY PROBLEM", Kybernetes, Vol. 14 No. 3, pp. 157-162. https://doi.org/10.1108/eb005713
Publisher
:MCB UP Ltd
Copyright © 1985, MCB UP Limited