Inventory model with stock-level dependent demand rate and variable holding cost

@inproceedings{Alfares2015InventoryMW,
  title={Inventory model with stock-level dependent demand rate and variable holding cost},
  author={Hesham K. Alfares},
  year={2015}
}
Inventory models in which the demand rate depends on the inventory level are based on the common real-life observation that greater product availability tends to stimulate more sales. Previous models incorporating inventory-level dependent demand rate assume that the holding cost is constant for the entire inventory cycle. This paper considers the inventory policy for an item with a stock-level dependent demand rate and a storage-time dependent holding cost. The holding cost per unit of the… CONTINUE READING

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