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Article: INVENTORY CONTROL OF DEFECTIVE PRODUCTS WHEN THE DEMAND IS PARTIALLY CAPTIVE.

TitleINVENTORY CONTROL OF DEFECTIVE PRODUCTS WHEN THE DEMAND IS PARTIALLY CAPTIVE.
Authors
Issue Date1985
PublisherTaylor & Francis Ltd. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/00207543.asp
Citation
International Journal Of Production Research, 1985, v. 23 n. 3, p. 533-542 How to Cite?
AbstractA mathematical model is developed for an inventory system in which the number of units of acceptable quality in a replenishment lot is uncertain and the demand is partially captive. It is assumed that the fraction of the demand during the stockout period which can be backordered is a random variable whose probability distribution is known. The optimal replenishment policy is synthesized for such a system. A numerical example is used to illustrate the theory. The results indicate that the optimal replenishment policy is sensitive to the nature of the demand during the stockout period.
Persistent Identifierhttp://hdl.handle.net/10722/155788
ISSN
2015 Impact Factor: 1.693
2015 SCImago Journal Rankings: 1.445

 

DC FieldValueLanguage
dc.contributor.authorMak, KLen_US
dc.date.accessioned2012-08-08T08:37:46Z-
dc.date.available2012-08-08T08:37:46Z-
dc.date.issued1985en_US
dc.identifier.citationInternational Journal Of Production Research, 1985, v. 23 n. 3, p. 533-542en_US
dc.identifier.issn0020-7543en_US
dc.identifier.urihttp://hdl.handle.net/10722/155788-
dc.description.abstractA mathematical model is developed for an inventory system in which the number of units of acceptable quality in a replenishment lot is uncertain and the demand is partially captive. It is assumed that the fraction of the demand during the stockout period which can be backordered is a random variable whose probability distribution is known. The optimal replenishment policy is synthesized for such a system. A numerical example is used to illustrate the theory. The results indicate that the optimal replenishment policy is sensitive to the nature of the demand during the stockout period.en_US
dc.languageengen_US
dc.publisherTaylor & Francis Ltd. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/00207543.aspen_US
dc.relation.ispartofInternational Journal of Production Researchen_US
dc.titleINVENTORY CONTROL OF DEFECTIVE PRODUCTS WHEN THE DEMAND IS PARTIALLY CAPTIVE.en_US
dc.typeArticleen_US
dc.identifier.emailMak, KL:makkl@hkucc.hku.hken_US
dc.identifier.authorityMak, KL=rp00154en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-0022061896en_US
dc.identifier.volume23en_US
dc.identifier.issue3en_US
dc.identifier.spage533en_US
dc.identifier.epage542en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridMak, KL=7102680226en_US

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