A Fluid EOQ Model of Perishable Items with Intermittent High and Low Demand Rates
نویسندگان
چکیده
منابع مشابه
A Fluid EOQ Model of Perishable Items with Intermittent High and Low Demand Rates
We consider a stochastic fluid EOQ-type model with demand rates that operate in a two-state random environment. This environment alternates between exponentially distributed periods of high demand and generally distributed periods of low demand. The inventory level starts at some level q, and decreases linearly at rate a during the periods of high demand, and at rate b < a at periods of low dem...
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In this paper, we present an inventory model for perishable items with freshness-dependent demand rate and partial backlogging. Because the customers prefer to purchasing fresh items for given price, the demand rate is assumed to be decreasing in the age of the items. The existence and uniqueness of the optimal solution of the profit per unit time are examined although the profit function is no...
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ABSTRACT In this paper, we study a deterministic inventory model for deteriorating items under time-dependent partial backlogging. Though lot of factors involving inventory affect the demand, among them time and stock are the most important factors. Therefore, we consider here the combined stock and time varying demand to make the theory more applicable in practice. We study the effects time de...
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The demand pattern for most perishable products varies during their life cycle in the market. These variations must be properly reflected in inventory management in order to prevent unnecessary stock-out or excess inventory with associated increase in cost. In this paper, a multi-period economic order quantity (EOQ) model for managing the inventory of perishable items having varying demand patt...
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ژورنال
عنوان ژورنال: Mathematics of Operations Research
سال: 2015
ISSN: 0364-765X,1526-5471
DOI: 10.1287/moor.2014.0675