We develop a two-warehouse production model with imperfect items. Production rate is taken as the linear combination of on-hand inventory and demand, while demand rate is taken as function of time. Most of the researchers consider that the production rate is independent from the demand rate. In this paper we assume production rate as being dependent on the demand rate, and this assumption is mo...

Globalization has created tremendous opportunities, but also made business environment highly competitive and turbulent. To gain competitive advantage, management of present-day transnational firms always seeks options to trim down various transaction and coordination costs, especially in the area of controllable intra-supply chain system. This study investigates a multi-product intra-supply ch...

In this paper, we present a continuous time optimal control model for studying a dynamic pricing and inventory control problem for a make-to-stock manufacturing system. We consider a multiproduct capacitated, dynamic setting. We introduce a demand-based model where the demand is a linear function of the price, the inventory cost is linear, the production cost is an increasing strictly convex fu...

Recently, in Mathematical and Computational Applications Journal Chiu et al. [1] and Chen and Chiu [2] propose an inventory model based on EPQ with rework to determine the replenishment lot size and the number of shipments for a vendor-buyer integrated production-inventory system. They solve the inventory problem by considering both variables as continuous. However, the number of shipments must...

This study attempts to determine the optimal production run time for an economic production quantity (EPQ) model with a Poisson breakdown rate, the rework of nonconforming items, and multi-delivery of finished products. It is assumed that nonconforming items can be randomly produced and repaired through a rework process added at the end of the production process. Production equipment is subject...

Abstract. A multi-objective inventory model with demand dependent unit cost and leading time has been formulated with storage space, number of orders and production cost as constraints. In most of the real world situations the cost parameters the objective function and constraints of the decision makers are imprecise in nature. A demand dependent unit cost is assumed and solved using Karush Kuh...

demand is assumed constant in the classical economic order quantity (eoq) model. however, in the real world, the demand is dependent on many factors such as the selling price, warranty of product and marketing effort. in addition pricing and ordering quantity decisions are interdependent for a seller when demand for the product is price sensitive in the inventory models. these types of models a...

in paper (2004) chang studied an inventory model under a situation in which the supplier provides the purchaser with a permissible delay of payments if the purchaser orders a large quantity. tripathi (2011) also studied an inventory model with time dependent demand rate under which the supplier provides the purchaser with a permissible delay in payments. this paper is motivated by chang (2004) ...

In this paper, we discuss the production inventory model with timevarying production, time dependent demand and non-linear shortage cost under inflation and time discounting. Shortages are allowed and are partially backlogged. Here, total cost and time durations are the decision variables. Numerical Examples are given to illustrate the model. Mathematics Subject Classification: 90B05

Abstract. 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 val...