Journal
OPERATIONS RESEARCH LETTERS
Volume 30, Issue 6, Pages 387-393Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/S0167-6377(02)00150-5
Keywords
inventory; lost sizing; shortages; partial backlogging; deterioration
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Recently, Papachristos and Skouri developed an inventory model in which unsatisfied demand is partially backlogged at a negative exponential rate with the waiting time. In this article, we complement the shortcoming of their model by adding not only the cost of lost sales but also the non-constant purchase cost. (C) 2002 Elsevier Science B.V. All rights reserved.
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