Nakandala, Dilupa; Lau, Henry; Zhang, Jingjing - In: Industrial Management & Data Systems 114 (2014) 8, pp. 1229-1245
Purpose – The purpose of this paper is to investigate the total cost function of an inventory system with a reorder point/order quantity policy where the lead time is controllable based on the cost paid by the buyer for the service. Design/methodology/approach – Cost functions are presented...