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The finite horizon trended inventory replenishment problem with shortages. (English) Zbl 0762.90021
Summary: A new type of replenishment policy is suggested for an inventory item having a finite shortage cost and linear trend in demand over a finite time horizon. The optimal solution of the suggested replenishment policy has a lower total cost as compared with the optimal solution for the traditional replenishment policies.

MSC:
90B05 Inventory, storage, reservoirs
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