• DocumentCode
    2824251
  • Title

    Pedagogical Comments on "An Integrated Single-Vendor Single-Buyer Inventory System with Shortage Derived Algebraically"

  • Author

    Leung, Kit-Nam Francis

  • Author_Institution
    Dept. of Manage. Sci., City Univ. of Hong Kong, Kowloon Tong, China
  • Volume
    2
  • fYear
    2009
  • fDate
    24-26 April 2009
  • Firstpage
    949
  • Lastpage
    951
  • Abstract
    Step 2 in Wu and Ouyang\´s algorithm given on page 558 provides the condition to determine the optimal integral value of the decision variable n. I do not realize why Chung makes such a statement on page 276 as "They appear to take it for granted that one of the closest integers to no is the optimum value, when n is forced to be an integer". I think that Wu and Ouyang\´s algorithm is perfect and hence it is entirely unnecessary that Chung uses calculus to yield equation (6) to examine the functional behavior of the joint annual total relevant cost function with respect to n. In addition, the four comments made in this note show that there is some room for improvement in relation to algebraically solving Wu and Ouyang\´s model so that the pedagogical advantages of model solution and problem evaluation are more eminent.
  • Keywords
    inventory management; functional behavior; integrated single-vendor single-buyer inventory system; joint annual total relevant cost function; optimal integral value; Calculus; Cost function; Equations;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on
  • Conference_Location
    Sanya, Hainan
  • Print_ISBN
    978-0-7695-3605-7
  • Type

    conf

  • DOI
    10.1109/CSO.2009.501
  • Filename
    5194099