The main purpose of this study is to investigate the periodic inventory model with backorder price discounts, where shortages are partially backlogged. The application of just-in-time (JIT) philosophy i.e., crashing of the lead-time and setup cost has been carried component wise. Two cases have been discussed viz 1 protection interval demand distribution is known (normal distribution approach) ...

We consider a single-item, periodic review inventory control problem where discrete stochastic demand must be satisfied. When shortages occur, the unmet demand must be filled by some form of expediting. We allow a very general form for the cost structure of expediting, including the special case of lost sales. Examples of expediting are overtime production, where production is allowed above and...

In this paper, a realistic replenishment model with multiple warehouses (one is primary warehouse (PW) from where the items are sold and others are secondary warehouses (SWs) where the items are stored) is developed with fuzzy lead-time under the assumption that the capacities of the warehouses are finite. Inflation and time value of money are taken into account. The items of secondary warehous...

This paper deals with two warehouse inventory model of determining the optimal replenishment policy for non-instantaneous deteriorating items partial backlogging and stock-dependent demand. In the model, shortages are allowed and the backlogging rate is variable and dependent on the waiting time for the next replenishment. The necessary and sufficient conditions of the existence and uniqueness ...

The present Paper deals with an inventory production policy for a ramp type deteriorating item over finite planning horizon constant demand, rate and shortages are not allowed. optimal number of cycles that minimizes the average system cost is determined. model permits shortage in each cycle, which completely backlogged within cycle itself. Every starts zero stock production. As continues, begi...

This paper explores a production inventory model considering two high-tech products of the same kind. One is primary product and other updated version that product. Due to continuous development in technology, life-cycle some products, like, smartphone, tablet, laptop, etc. have become shorter. We witness launching new more frequently this field. prompts manufacturers release an or pro their ex...

This study examines the effect of monetary inflation for a two-warehouse single-product inventory system, in which items are stored limited capacity Own Warehouse (OW) and an unlimited Rental (RW). Demand item is considered stock dependent. Items may deteriorate at different constant rate both warehouses. Shortages allowed stock-out period partially backlogged satisfied next replenishment point...

In the past few decade researches have developed their EOQ models under constant deterioration and constant demand. However, it is not true in actual practice. In this paper, we have established inventory model with exponential time-dependent demand and timedependent time-dependent deterioration. Shortages are allowed. The demand rate and unit production cost both are considered as proportional...