The evaluations among the three solution procedures to an integrated single-vendor single-buyer inventory systems with shortage

被引:0
|
作者
Chung, Kun-Jen [1 ]
Lin, Shy-Der [2 ]
机构
[1] Chung Yuan Christian Univ, Coll Business, Taoyuan, Taiwan
[2] Chung Yuan Christian Univ, Dept Appl Math & Business Adm, Taoyuan, Taiwan
来源
JOURNAL OF INFORMATION & OPTIMIZATION SCIENCES | 2010年 / 31卷 / 06期
关键词
integrated inventory model; single-vendor single-buyer; shortage;
D O I
10.1080/02522667.2010.10700020
中图分类号
G25 [图书馆学、图书馆事业]; G35 [情报学、情报工作];
学科分类号
1205 ; 120501 ;
摘要
In this journal [Production Planning and Control], there are three solution procedures: (1) The algebraic approach, (2) Cauchy-Schwarz inequality and the arithmetic-geometric mean inequality approach, and (3) The calculus approach, to solve the integrated single-vendor single-buyer inventory systems with shortage. Two criteria are used to evaluate the three approaches. As argued in this note, we conclude that adopting the calculus approach to solve the inventory model is more recommended.
引用
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页码:1185 / 1188
页数:4
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