Mathematical Problems in Engineering / 2009 / Article / Tab 1

Research Article

Optimal Inventory Policy Involving Ordering Cost Reduction, Back-Order Discounts, and Variable Lead Time Demand by Minimax Criterion

Table 1

Lead time data.

Lead time componentNormal durationMinimum durationUnit crashing cost
๐‘ ๐‘– ๐‘ = 0 , 0 . 2 , 0 . 4 , 0 . 6 , 0 . 8 , 1 (days) ๐‘ž = 0 . 2 (days) ๐›ฟ = 0 , 0 . 5 , 1 ($/day)

12060.4
22061.2
31695.0

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