|
| << previous | next >> |
Journal description
All volumes of the corresponding journal
All issues of the corresponding volume
All articles of the corresponding issues
Details for article 3 of 8 found articles
| Title: |
An inventory model for ameliorating and deteriorating items taking account of time value of money and finite planning horizon |
| Author: |
Wee, Hui-Ming Lo, Sh-Tyan Yu, Jonas Chen, Hsiao Ching |
| Appeared in: |
International journal of systems science |
| Paging: | Volume 39 (2008) nr. 8 pages 801-807 |
| Year: |
2008-08 |
| Contents: |
The objective of this study is to develop an optimal replenishment inventory strategy to consider both ameliorating and deteriorating effects taking account of time value of money and finite planning horizon. The amelioration rate and the deterioration rate are assumed to follow a Weibull distribution. The inventory system is particularly useful for young livestock whose utility increase over time. The discounted cash flow and optimisation technique are used to derive an optimal solution. A numerical example and sensitivity analysis are given to illustrate the theory of the inventory system. |
| Publisher: |
Taylor & Francis |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 3 of 8 found articles
| << previous | next >> |