Optimal inventory policy involving ordering cost reduction, back-order discounts, and variable lead time demand by minimax criterion.
Optimal lot size determination of multistage production system
This paper deals with the optimization of total setup plus inventory cost of a certain class of the multistage inventory-production systems with the series arranged production stages having generally different production rates, separated by stores from each other. The optimization is made by the choice of lot sizes across an infinite time horizon. The exact cost-optimization algorithm based on the Bellman optimality principle is derived and applied for deriving two lower bounds of the optimal cost...
Optimal Pricing and Lot-Sizing Decisions Under Weibull Distribution Deterioration and Trade Credit Policy
Optimal pricing and production master planning in a multiperiod horizon considering capacity and inventory constraints.
Optimal sequencing of capacity expansion projects under uncertainty
Optimal transfer-ordering strategy for a deteriorating inventory in declining market.
Order level inventory models for deteriorating seasonable/Fashionable products with time dependent demand and shortages.