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Note on “deterministic inventory lot‐size models under inflation with shortages and deterioration for fluctuating demand” by Yang et al

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  • K. Skouri
  • S. Papachristos

Abstract

In a recent paper Yang et al. extended the lot‐size models to allow for inflation and fluctuating demand. For this model they proved that the optimal replenishment schedule exists and is unique. They also proposed an algorithm to find the optimal policy. The present paper provides examples, which show that the optimal replenishment schedule and consequently the overall optimal policy may not exist. © 2002 Wiley Periodicals, Inc. Naval Research Logistics 49: 527–529, 2002; Published online in Wiley InterScience (www.interscience.wiley.com). DOI 10.1002/nav.10022

Suggested Citation

  • K. Skouri & S. Papachristos, 2002. "Note on “deterministic inventory lot‐size models under inflation with shortages and deterioration for fluctuating demand” by Yang et al," Naval Research Logistics (NRL), John Wiley & Sons, vol. 49(5), pages 527-529, August.
    • Handle: RePEc:wly:navres:v:49:y:2002:i:5:p:527-529
    DOI: 10.1002/nav.10022
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    Cited by:

    1. Hongjun Peng & Tao Pang & Fuliang Cao & Juan Zhao, 2018. "A Mutual Subsidy Mechanism for a Seasonal Product Supply Chain Channel Under Double Price Regulation," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 35(06), pages 1-26, December.

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