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A Note on Inventory Replenishment Policy for Increasing Demand

  • Technical Note
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Journal of the Operational Research Society

Abstract

We propose a hybrid heuristic method to solve the problem of determining the timing and size of replenishments in order to minimize the total replenishment and inventory holding costs in the case of a deterministic demand pattern having a linear trend. The method obtains the optimal solutions in the two examples most widely used in this journal.

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Authors and Affiliations

  1. The William Paterson College of New Jersey,

    Jinn-Tsair Teng

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  1. Jinn-Tsair Teng
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Teng, JT. A Note on Inventory Replenishment Policy for Increasing Demand. J Oper Res Soc 45, 1335–1337 (1994). https://doi.org/10.1057/jors.1994.206

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  • DOI: https://doi.org/10.1057/jors.1994.206

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