"A Sensitivity Analysis of a (ti , Si) Inventory Policy with Increasing Demand"

Operations Research Letters, 1992, Vol. 11, No. 3, pp. 167-172.

Evangelos Triantaphyllou

The inventory model with a (ti , Si) policy with increasing demand is common in many practical applications. Under this model the inventory system operates only during a prescribed period of time. It also corresponds to the classical deterministic, stationary demand model with no shortages. The present sensitivity analysis reveals that there is a strong relationship among the optimal number of replenishments, the total demand, the planning horizon, and the optimal cost.

Key Words:
Deterministic models, parametric analysis, planning horizons.

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