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Errata to "Inventory Cost Rate Functions with Nonlinear Shortage Costs"

Växjö University, SE 351 95 Växjö, Sweden
kaj.rosling{at}vxu.edu

Rosling (2002) presents and analyzes five different cost-rate functions for single-item inventory models. The functions are referred to as Models 1–5. These errata correct an erroneous comment concerning Model 3 and render a rigorous argument for the functional form of Model 2.

Subject classifications: inventory; single-item cost functions; stochastic demand.
History: Received January 2007; accepted February 2007.