An optimal replenishment policy for deteriorating items with time-varying demand and partial – exponential type – backlogging

We study a continuous review inventory model over a nite-planning horizon with deterministic varying demand and constant deterioration rate. The model allows for shortages, which are partially backlogged at a rate which varies exponentially with time. For this model an optimal replenishment policy is established. c © 2000 Elsevier Science B.V. All rights reserved.

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