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Optimal inventory policies for imperfect inventory with price dependent stochastic demand and partially backlogged shortages

The paper investigates a single period imperfect inventory model with price dependent stochastic demand and partial backlogging. The backorder rate is a nonlinear non-increasing function of the magnitude of shortage. Two special cases are considered assuming that the percentage of defective items...

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Main Authors: Bhowmick Jhuma, Samanta G.P.
Format: Artigo
Language:Inglês
Published: University of Belgrade 2012-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Imperfect inventory
Price-dependent stochastic demand
Random defective units
Partial backlogging
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2012/0354-02431200007B.pdf
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