Halkos, George; Kevork, Ilias; Tziourtzioumis, Chris - Volkswirtschaftliche Fakultät, … - 2014
In this paper we investigate the convexity of the annual total cost function for the Hadley & Whitin (1963) continuous … review (Q,R) inventory model with backorders and fixed lead-time, when the reorder point is non-negative and the cost per … unit backordered is used to calculate the expected annual shortage cost. Efficient procedures for finding the order …