The stochastic inventory model (Q, R) for deteriorating items with asymmetric demand distribution Cover Image

Stochastyczny model zapasów (Q, R) dla produktów psujących się przy asymetrycznym rozkładzie zapotrzebowania
The stochastic inventory model (Q, R) for deteriorating items with asymmetric demand distribution

Author(s): Krzysztof Dmytrów
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: stochastic inventory model; deteriorating items; asymmetric demand distribution

Summary/Abstract: The author presented a simple stochastic lost sales inventory model 〈Q, r〉 for deteriorating items with asymmetric demand distribution. As an approximation for the lead-time demand, exponential distribution was used. Constant deterioration rate was assumed. The analysis showed that the higher deterioration rate, the higher values of decision variables and total expected costs of inventory management

  • Issue Year: 2013
  • Issue No: 31/1
  • Page Range: 75-81
  • Page Count: 7
  • Language: Polish