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Optimal Policies for a Finite-Horizon Production Inventory Model
Joint Authors
Benkherouf, Lakdere
Boushehri, Dalal
Source
Advances in Operations Research
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-16, 16 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-05-21
Country of Publication
Egypt
No. of Pages
16
Main Subjects
Information Technology and Computer Science
Abstract EN
This paper is concerned with the problem of finding the optimal production schedule for an inventory model with time-varying demand and deteriorating items over a finite planning horizon.
This problem is formulated as a mixed-integer nonlinear program with one integer variable.
The optimal schedule is shown to exist uniquely under some technical conditions.
It is also shown that the objective function of the nonlinear obtained from fixing the integrality constraint is convex as a function of the integer variable.
This in turn leads to a simple procedure for finding the optimal production plan.
American Psychological Association (APA)
Benkherouf, Lakdere& Boushehri, Dalal. 2012. Optimal Policies for a Finite-Horizon Production Inventory Model. Advances in Operations Research،Vol. 2012, no. 2012, pp.1-16.
https://search.emarefa.net/detail/BIM-497289
Modern Language Association (MLA)
Benkherouf, Lakdere& Boushehri, Dalal. Optimal Policies for a Finite-Horizon Production Inventory Model. Advances in Operations Research No. 2012 (2012), pp.1-16.
https://search.emarefa.net/detail/BIM-497289
American Medical Association (AMA)
Benkherouf, Lakdere& Boushehri, Dalal. Optimal Policies for a Finite-Horizon Production Inventory Model. Advances in Operations Research. 2012. Vol. 2012, no. 2012, pp.1-16.
https://search.emarefa.net/detail/BIM-497289
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-497289