Abstract
The inventory model with a ( t i , S i ) policy with increasing demand is common in many practical applications. Under this model the inventory system operates only during a prescribed period of time. It also corresponds to the classical deterministic, stationary demand model with no shortages. This present sensitivity analysis reveals that there is a strong relationship among the optimal number of replenishments, the total demand, the planning horizon, and the optimal cost.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have