Newton-Raphson Method to Find the Optimal Ordering
I tiakina i:
| I whakaputaina i: | Opsearch vol. 36, no. 4 (Dec 1999), p. 343 |
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| Kaituhi matua: | |
| Ētahi atu kaituhi: | |
| I whakaputaina: |
Springer Nature B.V.
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| Ngā marau: | |
| Urunga tuihono: | Citation/Abstract Full Text - PDF |
| Ngā Tūtohu: |
Kāore He Tūtohu, Me noho koe te mea tuatahi ki te tūtohu i tēnei pūkete!
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| Whakarāpopotonga: | 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. |
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| ISSN: | 0030-3887 0975-0320 |
| DOI: | 10.1007/BF03398588 |
| Puna: | ABI/INFORM Global |