Consultant (Operations Management & Research), India
We consider the inventory model with Bernoulli demand pattern that has been discussed in this journal earlier (Sinha, P. (2010). Extension of a Bernoulli Demand Inventory Model. Operations & Supply Chain Management: An International Journal 3(1), pp. 30-35). We give a correct analysis for the model, removing the mistakes in that article. We give a search method to obtain an optimal solution exactly. The method is verified in a numerical experiment.
This paper has been downloaded 720 times since published. The persistent DOI of this paper is DOI:10.31387/oscm0110074.