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

Bayindir Z. P., Birbil S. I., Frenk J. B. G.

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, cilt.179, sa.1, ss.114-123, 2007 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 179 Sayı: 1
  • Basım Tarihi: 2007
  • Doi Numarası: 10.1016/j.ejor.2006.03.026
  • Dergi Adı: EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.114-123
  • Orta Doğu Teknik Üniversitesi Adresli: Evet

Özet

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. (c) 2006 Elsevier B.V. All rights reserved.