Economic Ordering Policy for VAR Deterioration Model with Non-stationary Two-warehouse Inventory and Demand
نویسندگان
چکیده
منابع مشابه
Two-warehouse inventory model with deterioration under FIFO dispatching policy
In most of the literatures on two-warehouse inventory decision models, the last-in-first-out (LIFO) dispatching policy has always been assumed. This presumption, however, is not in line with the actual practice of most business entities. To enhance the freshness of merchandise or goods, businesses commonly follow the first-in-first-out procedure (FIFO). This inconsistency forms the base and mai...
متن کاملTwo-Warehouse Inventory Model for Deteriorating Items with Time-Dependent Demand and Partial Backlogging Under Inflation
This paper deals with a two-warehouse inventory model for deteriorating items with time dependent demand and partial backlogging under inflation. It is assumed that deterioration of items follows two-parameter Weibull distribution and demand rate varies exponentially with time. Shortages are allowed and partial backlogging depends on waiting time of next replenishment. A numerical example is pr...
متن کاملA Two-warehouse Inventory Model for Deteriorating Items with Permissible Delay under Exponentially Increasing Demand
In this study, a two-warehouse inventory model with exponentially increasing trend in demand involving different deterioration rates under permissible delay in payment has been studied. Here the scheduling period is assumed to be a variable. The objective of this study is to obtain the condition when to rent a warehouse and the retailer's optimal replenishment policy that minimizes the total re...
متن کاملTwo Warehouse Inventory Model with Different Deterioration Rates under Time Dependent Demand and Shortages
An inventory model for two warehouses with different deterioration rates is developed. Demand is considered as linear function of time. Holding cost is time dependent. Shortages are allowed and completely backlogged. To support the model numerical case is given. Affectability investigation is likewise done for parameters.
متن کاملA note on "Two-warehouse inventory model with deterioration under FIFO dispatch policy"
A recently published paper by Lee [C.C. Lee, Two-warehouse inventory model with deterioration under FIFO dispatching policy, European Journal of Operational Research 174 (2006) 861–873] considers different dispatching models for the two-warehouse inventory system with deteriorating items, in which Pakkala and Achary’s LIFO (last-in–first-out) model [T.P.M. Pakkala, K.K. Achary, A deterministic ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: InPrime: Indonesian Journal of Pure and Applied Mathematics
سال: 2020
ISSN: 2716-2478,2686-5335
DOI: 10.15408/inprime.v2i2.15390