INVENTORY MODELS: OPTIMIZATION BY GEOMETRIC PROGRAMMING

doi:10.1111/j.1540-5915.1971.tb01454.x

INVENTORY MODELS: OPTIMIZATION BY GEOMETRIC PROGRAMMING

2007-06-07

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DOI：10.1111/j.1540-5915.1971.tb01454.x

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ABSTRACTGeometric programming is a mathematical programming technique that is designed to determine the constrained minimum value of a generalized polynomial objective function. To date, most applications of the technique have been restricted to certain classes of engineering problems.This paper presents a brief summary of geometric programming and then illustrates its application to managerial problems by applying it to three well‐known inventory models.

INVENTORY MODELS: OPTIMIZATION BY GEOMETRIC PROGRAMMING

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