Astanti, Ririn Diar and Luong, Huynh Trung and Wee, Hui-Ming and Ai, The Jin (2018) A forward with backward inventory policy algorithm for nonlinear increasing demand and shortage backorders. International Journal of Mathematics in Operational Reseach, 13 (4). pp. 492-512. ISSN 1757-5869
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Abstract
The traditional inventory policies have been developed for constant demand processes. In reality, demand is not always stable; it might have an increasing pattern. In this paper, a forward with backward inventory policy algorithm is developed to determine the operational parameters of an inventory system with a nonlinear increasing demand rate, shortage backorders and a finite planning horizon. Numerical experiments are also conducted to compare the results with the existing techniques and to illustrate the applicability of the proposed technique.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | inventory; nonlinear increasing demand pattern; shortage backorders; forward with backward inventory policy algorithm. |
| Subjects: | Teknik Industri > Industri |
| Divisions: | Fakultas Teknologi Industri > Teknik Industri |
| Depositing User: | wiwid bartolomeus wijayanto |
| Date Deposited: | 01 Jul 2019 06:37 |
| Last Modified: | 15 Aug 2019 06:58 |
| URI: | http://e-journal.uajy.ac.id/id/eprint/19169 |
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