Ray, Saibal; Song, Yuyue; Verma, Manish - In: International Journal of Production Economics 128 (2010) 1, pp. 209-222
In this paper, we study two periodic review inventory models which primarily differ in terms of how backordering cost is charged: time-independent backordering (TIB) model where the backordering cost is charged per unit backordered and is independent of the length of time for which backorders...