A deterministic inventory/production model with general inventory cost rate function and piecewise linear concave production costs

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Bayındır, Z. P. and Birbil, Ş. İlker and Frenk, J. B. G. (2007) A deterministic inventory/production model with general inventory cost rate function and piecewise linear concave production costs. European Journal of Operational Research, 179 (1). pp. 114-123. ISSN 0377-2217

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Official URL: http://dx.doi.org/10.1016/j.ejor.2006.03.026

Abstract

We present a thorough analysis of the economic production quantity model with shortages under a general inventory cost rate function and piecewise linear concave production costs. Consequently, an effective solution procedure, particularly useful for an approximation scheme, is proposed. A computational study is appended to illustrate the performance of the proposed solution procedure.

Item Type:	Article
Uncontrolled Keywords:	inventory; general inventory cost rate function; piecewise linear concave production cost
Subjects:	T Technology > TS Manufactures
Divisions:	Faculty of Engineering and Natural Sciences
Depositing User:	Ş. İlker Birbil
Date Deposited:	19 Dec 2006 02:00
Last Modified:	04 Sep 2019 16:48
URI:	https://research.sabanciuniv.edu/id/eprint/185

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