KMS Of Academy of mathematics and systems sciences, CAS
optimalpolicyforbrownianinventorymodelswithgeneralconvexinventorycost | |
Yao Dacheng | |
2013 | |
发表期刊 | actamathematicaeapplicataesinica |
ISSN | 0168-9673 |
卷号 | 29期号:1页码:187 |
摘要 | We study an inventory system in which products are ordered from outside to meet demands, and the cumulative demand is governed by a Brownian motion. Excessive demand is backlogged. We suppose that the shortage and holding costs associated with the inventory are given by a general convex function. The product ordering from outside incurs a linear ordering cost and a setup fee. There is a constant leadtime when placing an order. The optimal policy is established so as to minimize the discounted cost including the inventory cost and ordering cost. |
语种 | 英语 |
资助项目 | [National Natural Science Foundation of China] |
文献类型 | 期刊论文 |
条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/41758 |
专题 | 应用数学研究所 |
作者单位 | 中国科学院数学与系统科学研究院 |
推荐引用方式 GB/T 7714 | Yao Dacheng. optimalpolicyforbrownianinventorymodelswithgeneralconvexinventorycost[J]. actamathematicaeapplicataesinica,2013,29(1):187. |
APA | Yao Dacheng.(2013).optimalpolicyforbrownianinventorymodelswithgeneralconvexinventorycost.actamathematicaeapplicataesinica,29(1),187. |
MLA | Yao Dacheng."optimalpolicyforbrownianinventorymodelswithgeneralconvexinventorycost".actamathematicaeapplicataesinica 29.1(2013):187. |
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