Optimizing multi-item multi-period inventory control system with discounted cash flow and inflation: Two calibrated meta-heuristic algorithms

@inproceedings{Mousavi2013OptimizingMM,
  title={Optimizing multi-item multi-period inventory control system with discounted cash flow and inflation: Two calibrated meta-heuristic algorithms},
  author={Seyed Mohsen Mousavi and Vahid Hajipour and Seyed Taghi Akhavan Niaki and Najmeh Alikar},
  year={2013}
}
A mixed binary integer mathematical programming model is developed in this paper for ordering items in multi-item multi-period inventory control systems, in which unit and incremental quantity discounts as well as interest and inflation factors are considered. Although the demand rates are assumed deterministic, they may vary in different periods. The situation considered for the problem at hand is similar to a seasonal inventory control model in which orders and sales happen in a given season… CONTINUE READING
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