On the convexity of the Hadley-Whitin lost sales inventory model and the characterization of its minimum solution
Approved for public release; distribution unlimited === A standard inventory model involving lost sales provided by a standard reference is examined for flaws in the derivation of its optimal solution. A revised set of arguments is presented and the optimal solution is then completely characteri...
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| Language: | en_US |
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Monterey, California. Naval Postgraduate School
2012
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| Online Access: | http://hdl.handle.net/10945/18222 |