A deterministic inventory model for deteriorating items with selling price dependent demand and three-parameter Weibull distributed deterioration
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...
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Classical deterministic inventory models consider the demand rate to be either constant or time-dependent but independent from the stock status. However, for a certain type of inventory, the demand rate may be in-fluenced by the stock level. Also in many real-life problems, some products such as fruits, vegetables, phar-maceuticals and volatile liquids continuously deteriorate to evaporation, o...
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Article history: Accepted 2 September 2012
متن کاملDeterministic Inventory Model for Items with Time Varying Demand, Weibull Distribution Deterioration and Shortages
In this paper, an EOQ inventory model is depleted not only by time varying demand but also by Weibull distribution deterioration, in which the inventory is permitted to start with shortages and end without shortages. A theory is developed to obtain the optimal solution of the problem; it is then illustrated with the aid of several numerical examples. Moreover, we also assume that the holding co...
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ژورنال
عنوان ژورنال: international journal of industrial engineering computations
سال: 2014
ISSN: 1923-2926,1923-2934
DOI: 10.5267/j.ijiec.2014.2.002