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Chung and Huang (2007) designed recently a two-warehouse inventory model for deteriorating items when the supplier …. First, expressions are obtained for the total variable cost of the inventory system. Second, this study demonstrates that a …
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credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer's perspective, granting trade …'s inventory system as a profit maximization problem to determine the retailer's optimal replenishment decisions under the supply …
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credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade …’s inventory system as a profit maximization problem to determine the retailer’s optimal replenishment decisions under the supply …
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Economic Order Quantity models have many assumptions that are not satisfied completely with recent economic conditions. One of these assumptions is that all items in an ordered lot are perfect quality. But a portion of ordered lot may be defective. The other unrealistic assumption is that the...
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