On the Convexity of the Backorder Function for an E.O.Q. Policy
- 1 March 1969
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Management Science
- Vol. 15 (7) , 453-454
- https://doi.org/10.1287/mnsc.15.7.453
Abstract
This note gives sufficient conditions for convexity of the function B(r, Q) of average number of backorders incurred per year, derived by Hadley and Whitin [Hadley, G., T. M. Whitin. 1963. Analysis of Inventory Systems. Prentice-Hall, Inc.].Keywords
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