An existence-uniqueness theorem is proved about a minimum cost order for a class of inventory models whose holding costs grow, following a power law, with the stock level. The theorem requires to perform a check of convergence of some improper integrals, and constitutes the article's main theoretical contribution to the subject. As application, several cases of demand are considered as functions of the stock level.
G. Mingari Scarpello, D. Ritelli (2008). EOQ when holding costs grow with the stock level: well-posedness and solutions. ADVANCED MODELLING AND OPTIMIZATION, 10, 233-240.
EOQ when holding costs grow with the stock level: well-posedness and solutions
MINGARI SCARPELLO, GIOVANNI;RITELLI, DANIELE
2008
Abstract
An existence-uniqueness theorem is proved about a minimum cost order for a class of inventory models whose holding costs grow, following a power law, with the stock level. The theorem requires to perform a check of convergence of some improper integrals, and constitutes the article's main theoretical contribution to the subject. As application, several cases of demand are considered as functions of the stock level.File in questo prodotto:
Eventuali allegati, non sono esposti
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
