Newton-Raphson Method to Find the Optimal Ordering

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Publicado no:Opsearch vol. 36, no. 4 (Dec 1999), p. 343
Autor principal: Chu, Time P
Outros Autores: Tang, W H
Publicado em:
Springer Nature B.V.
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100 1 |a Chu, Time P  |u Department of Traffic Science, Central Police University, Taoyuan, Taiwan 
245 1 |a Newton-Raphson Method to Find the Optimal Ordering 
260 |b Springer Nature B.V.  |c Dec 1999 
513 |a Journal Article 
520 3 |a In this paper, we show that the Newton-Raphson method is suitable to locate the optimal ordering time for the inventory model taking account of time value. First, we prove that the sequence constructed from Silver-Meal heuristic will converge. Second, we can take a point near to the limit point as the starting point for the Newton-Raphson method. Finally, from the numerical examples, we know that the Newton-Raphson method is superior to the bisection algorithms that are cited by two recent papers. 
653 |a Newton-Raphson method 
653 |a Mathematical models 
653 |a Queuing theory 
653 |a Silver 
653 |a Temperature 
653 |a Operations research 
653 |a Eigenvalues 
700 1 |a Tang, W H  |u Artillery of Armed Force, Taiwan 
773 0 |t Opsearch  |g vol. 36, no. 4 (Dec 1999), p. 343 
786 0 |d ProQuest  |t ABI/INFORM Global 
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