The sensitivity of the inventory model with partial backorders. (English) Zbl 1044.90003

Chu, Peter; Chung, Kun-Jen

Eur. J. Oper. Res. 152, No. 1, 289-295 (2004).

Summary: This paper uses the rigorous methods of mathematics to explore the analysis of the sensitivity of K. S. Park [Int. J. Syst. Sci. 13, 1313–1317 (1982; Zbl 0503.90035)]. However, Park discussed the analysis of the sensitivity by numerical examples. The results obtained by this paper show that the sensitivity of Park is not always true sometimes. Therefore, the researchers may be very careful to use the conclusions of the analysis of the sensitivity made by numerical examples in general.

MSC:

90B05	Inventory, storage, reservoirs
90C31	Sensitivity, stability, parametric optimization

Keywords:

Inventory model; Partial backorders; Sensitivity

Citations:

Zbl 0503.90035

References:

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