Single-item production-inventory control with shortages and backorders

被引:0
|
作者
Aliyu, MDS [1 ]
Al-Ajmi, KH [1 ]
机构
[1] King Fahd Univ Petr & Minerals, Dept Syst Engn, Dhahran 31261, Saudi Arabia
关键词
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
An inventory model of a single-item production system incorporating deterioration and shortages/backorders is presented. The linear quadratic theory (LQ) is used to develop an optimal policy which minimizes a quadratic cost criterion of production, inventory holding and shortages. The ease of deterministic demand is considered and results of simulations have shown good agreement with the theory developed.
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页码:1250 / 1251
页数:2
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