Optimization in an instantaneous economic order quantity (EOQ) model incorporated with promotional effort cost, variable ordering cost and units lost due to deterioration
نویسندگان
چکیده
منابع مشابه
An Economic Order Quantity Model with Ramp Type Demand Rate, Constant Deterioration Rate and Unit Production Cost
We have developed an order level inventory system for deteriorating items with demand rate as a ramp type function of time. The finite production rate is proportional to the demand rate and the deterioration rate is independent of time. The unit production cost is inversely proportional to the demand rate. The model with no shortages case is discussed considering that: (a) the demand rate is st...
متن کاملEconomic order Quantity (EOQ) for Deteriorating Items with Non-instantaneous Receipt under Trade Credits
This paper presents an inventory model with non-instantaneous receipt under the condition of permissible delay in payments. Certain items like volatiles deteriorate during production process. In this paper, we consider deterioration into two phases i.e. phase 1 and phase 2. The purpose of this paper is to determine the optimal replenishment policies under conditions of non-instantaneous recei...
متن کاملTwo-warehouse system for non-instantaneous deterioration products with promotional effort and inflation over a finite time horizon
In the current global market, organizations use many promotional tools to increase their sales. One such tool is sales teams’ initiatives or promotional policies, i.e., free gifts, discounts, packaging, etc. This phenomenon motivates the retailer/or buyer to order a large inventory lot so as to take full benefit of promotional policies. In view of this the present paper considers a two-warehous...
متن کاملAn economic order quantity model for an imperfect production process with entropy cost
Among the assumptions of the classical economic order quantity (EOQ) model is that all units that are purchased (or produced) are of perfect quality. However, this is frequently unrealistic since production processes deteriorate resulting in the production of defective products requiring rework. Some recent studies suggest that production systems performance might be improved by applying the fi...
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: Uncertain Supply Chain Management
سال: 2013
ISSN: 2291-6822,2291-6830
DOI: 10.5267/j.uscm.2013.06.005