Analysis of an inventory system under backorder correlated deterministic demand and geometric supply process


Argon N., Gullu R., Erkip N.

INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, vol.71, pp.247-254, 2001 (Journal Indexed in SCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 71
  • Publication Date: 2001
  • Doi Number: 10.1016/s0925-5273(00)00132-8
  • Title of Journal : INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
  • Page Numbers: pp.247-254

Abstract

In this article we propose a single item, periodic review model that investigates the effects of changes in the demand process that occur after stockout realizations. We investigate a system where the demands in successive periods are deterministic but affected by the backorder realizations. In order to capture the effects of changes in the demand process we use a geometric type supply availability. We analytically derive the necessary components for obtaining profit related performance measures and provide computational analysis. (C) 2001 Elsevier Science B.V. All rights reserved.