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A note on multi-item inventory systems with limited capacity Export

Operations Research Letters, Vol. 7, No. 2. (April 1988), pp. 71-75.

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Functional relationships between the Lagrange multiplier and system parameters for multi-item inventory systems with one restriction are identified and used to establish tight bounds on the optimal multiplier value. A recursive process which rapidly converges to the optimal multiplier is also discussed. Finally, a comparative analysis of the new bounds in relation to existing bounds is presented.


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