Two-Warehouse Inventory Model for Deteriorating Items with Time-Dependent Demand and Partial Backlogging Under Inflation
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Abstract:
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 provided to illustrate the considered model. Further, sensitivity analysis has also been made to show the behavior of the present model.
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Journal title
volume 8 issue 2 (SPRING)
pages 73- 88
publication date 2018-04-01
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