Maximum-Profit Inventory Model with Stock-Dependent Demand, Time-Dependent Holding Cost, and All-Units Quantity Discounts
A new production-planning model with a unique set of realistic features is considered. First, the demand rate is a function of the current inventory level. Second, a new order is gradually produced according to a finite production rate. Third, the unit holding cost per time period is a function of...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2015-11-01
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Series: | Mathematical Modelling and Analysis |
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Online Access: | https://journals.vgtu.lt/index.php/MMA/article/view/1031 |