Optimal ordering policies for periodic-review systems with a refined intra-cycle time scale

@article{Chiang2007OptimalOP,
  title={Optimal ordering policies for periodic-review systems with a refined intra-cycle time scale},
  author={Chi Chiang},
  journal={European Journal of Operational Research},
  year={2007},
  volume={177},
  pages={872-881}
}
Chiang [C. Chiang, Optimal ordering policies for periodic-review systems with replenishment cycles, European Journal of Operational Research 170 (2006) 44–56] recently proposed a dynamic programming model for periodic-review systems in which a replenishment cycle consists of a number of small periods (each of identical but arbitrary length) and holding and shortage costs are charged based on the ending inventory of small periods. The current paper presents an alternative (and concise) dynamic… CONTINUE READING