Lan, Chongfeng; Ji, Huanyong; Li, Jing - In: Journal of Industrial Engineering and Management (JIEM) 8 (2015) 3, pp. 1051-1068
circumstance of customer balking, which usually occurs when customers are reluctant to buy products if the available inventory … traditional one to weigh the holding cost and the goodwill costs segment: apart from the shortage penalty, the balking penalty is … also study the effects of shortage penalty and the balking penalty on the bias of the optimal order quantity, which have …