Production and Inventory Model Using Net Present Value
نویسندگان
چکیده
منابع مشابه
A New Inventory Model for Deteriorating Items with Price-dependent Demand, Time-value of money, and Shortages
This paper presents a discounted cash-flow approach to an inventory model for deteriorating items with the two-parameter Weibull distribution. According to our proposed model, two shortages are considered: back-orders and lost-sales, in which the back-order rate is a varying function of the time when the shortage happens. In general, the demand rate is a linear function of the selling price...
متن کاملA New Inventory Model for Deteriorating Items with Price-dependent Demand, Time-value of money, and Shortages
This paper presents a discounted cash-flow approach to an inventory model for deteriorating items with the 
two-parameter Weibull distribution. According to our proposed model, two shortages are considered: back-orders and lost-sales, 
in which the back-order rate is a varying function of the time when the shortage happens. In general, the demand rate is a linear function of the selling p...
متن کاملDynamic modeling to determine production strategies in order to maximize net present worth in small and medium size companies
Determining production rate considering costs and revenues in order to maximize profit is one of the applied problems in small and medium size factories. Mostly existing models in production planning consider production system statically and specify production rate, although the factors determining production rate include many different changes in practice. In fact, by increasing the production...
متن کاملPRODUCTION INVENTORY MODEL FOR DETERIORATING ITEMS WITH SHORTAGES AND SALVAGE VALUE UNDER REVERSE LOGISTICS
In this paper, a production inventory model is developed for the business enterprise which consists of three wings. The first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. In this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...
متن کاملA Model for Developing the Best Strategy Combination Based on Balanced Scorecard, Fuzzy Net Present Value and Game Theory
Increasing competition has caused that organizations using evaluation, control and performance improvement try to maintain their supremacy in global markets. Balanced Scorecard model is one of the ways that can help organizations achieve this goal. In this study, the limitations of selecting performance criteria and executive strategies in balanced scorecard are discussed and two tools of curre...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
- Operations Research
دوره 50 شماره
صفحات -
تاریخ انتشار 2002