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

Date

2007-05-16

Author

Bayındır, Zeynep Pelin
Frenk, J. B. G.

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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.

Subject Keywords

Management Science and Operations Research, Modelling and Simulation, Information Systems and Management

URI

https://hdl.handle.net/11511/46394

Journal

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH

DOI

https://doi.org/10.1016/j.ejor.2006.03.026

Collections

Department of Industrial Engineering, Article

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Citation Formats

Z. P. Bayındır and J. B. G. Frenk, “A deterministic inventory/production model with general inventory cost rate function and piecewise linear concave production costs,” EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, pp. 114–123, 2007, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/46394.