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The resource constrained multi-item inventory problem with price discount: a geometric programming approach
Authors:A. M. A. HARIRI  M. O. ABOU-EL-ATA  S. K. GOYAL
Affiliation:1. King Abdul-Aziz University , Jeddah, Saudi Arabia;2. Concordia University , Montreal, Canada
Abstract:
In this paper we present a geometric programming approach for determining the inventory policy for multiple items having price discount and a limit on the total average inventory of all the items. An example is solved to illustrate the method.
Keywords:geometric programming  inventory policy  price discount  lot-size  multiple items
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