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A heuristic for replenishment of deteriorating items with a linear trend in demand. (English) Zbl 0797.90016

Summary: The classical no-shortage inventory policy is examined for the case of deteriorating items having a deterministic demand pattern with a linear (positive) trend. A heuristic model is developed to determine the optimal times for inventory replenishment whether or not a planning horizon exists. Some numerical examples are given.

MSC:

90B05 Inventory, storage, reservoirs
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