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- W2186241871 abstract "In this paper, we present a method for finding the optimal replenishment schedule for the production lot size model with deteriorating items —————————— —————————— 1. Introduction The classical dynamic lot sizing model of Wagner and Whitin (1958) and its extensions deal with the problem of finding the optimal replenishment policy for an item under the assumption that inventory can be carried for an indefinite number of periods. This assumption cannot be justified if one considers potentially obsolete or perishable products like camera films, blood, agricultural products, electronic gadgets, etc. These products cannot be used after a certain number of periods for one of the following reasons: • The utility of the products drop to almost zero after a fixed time period (fixed life time due to physical or legal causes)." @default.
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- W2186241871 date "2014-01-01" @default.
- W2186241871 modified "2023-09-24" @default.
- W2186241871 title "A Production Lot Size Model for a product subject to deterioration" @default.
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