Yang, Hui-Ling - In: Supply chain analytics 3 (2023), pp. 1-18
system is needed to model this problem. In reality, the demand rate fluctuates with time, and the relevant cost is usually … items with fluctuating demand, downstream partial trade credit transactions, and discounted cash-flow considerations. The … aim is to find the optimal replenishment cycle and order quantity and keep the present value of the total relevant cost …