A heuristic treatment of the lot-size reorder-point (Q,r) inventory model with stochastic demand on automotive liquified petroleum gas (LPG) converter industry (lost sales case)

• Main Author: Lopez, Raymond B.
• Format: text
• Language: English
• Published: Animo Repository 1985
• Subjects: Heuristic programming; Stochastic processes; Inventory control; Liquefied petroleum gas industry
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/15990
• Institution: De La Salle University

Inventory is an integral part of almost every business entity and is intimately bound up with the essential purpose of the business which is sales or production. In view of this, any inventory problem has repurcussion to production or sales in which difficulty arises to identify any component of th...