Novel Solution Method for Inventory Models with Stochastic Demand and Defective Units

This paper is a response to two papers. We improve the lengthy proof for the first paper by an elegant verification. For the second paper, we point out the three-sequence approach will result in different convergent rates such that when the other two sequences are converged, the ordering quantity se...

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Bibliographic Details
Main Authors: Xu-Ren Luo, Chun-Hsiao Chu, Henry C. J. Chao
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2020/3528706