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Original Articles

A simple optimal approach for the inventory replenishment problem with linear demand

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Pages 747-755 | Received 01 Oct 2005, Published online: 18 Jun 2013
 

Abstract

This study proposes a simple algorithm for obtaining an optimal solution on the classical inventory replenishment problem which represents with a linear function in demand for both increasing and decreasing cases. A general procedure is proposed and examples are given to illustrate that our simple approach is also as good as the approaches shown in the literature.

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