1. OSCM Publications
  2. Volume 5, Issue 1, 2012
  3. A Note on Extension of a Bernoulli Demand Inventory Model

A Note on Extension of a Bernoulli Demand Inventory Model

Author(s):

  • Pritibhushan Sinha1 (Consultant (Operations Management & Research), India)

DOI: http://doi.org/10.31387/oscm0110074

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Abstract:
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.
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