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Shvoong Home>Science>The Silver-Meal Heuristic Method for Deterministic Time-Varying Demand Summary

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The Silver-Meal Heuristic Method for Deterministic Time-Varying Demand

Article Abstract by: fadzlina     

Original Authors: Mohd. Omar; Mustafa Mat Deris
Heuristic policies for time-varying deterministic processes with infinite input rate have been thoroughly explored in the
literature. This paper addresses heuristic decision rules for the situation of a deterministic linearly increasing and decreasing demand patterns with a finite input rate. We determine the timing and sizing of replenishment so as to keep the total relevant cost as low as possible. We extended the Silver-Meal heuristic method and found the penalty cost is very low.
Published: April 03, 2007
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