An inventory model for a deteriorating item with displayed stock dependent demand under fuzzy inflation and time discounting over a random planning horizon
نویسندگان
چکیده
منابع مشابه
Inventory Model for Non – Instantaneous Deteriorating Items, Stock Dependent Demand, Partial Backlogging, and Inflation over a Finite Time Horizon
In the present study, the Economic Order Quantity (EOQ) model of two-warehouse deals with non-instantaneous deteriorating items, the demand rate considered as stock dependent and model affected by inflation under the pattern of time value of money over a finite planning horizon. Shortages are allowed and partially backordered depending on the waiting time for the next replenishment. The main ob...
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This paper develops a finite time-horizon fuzzy multi-deteriorating inventory model with/without shortage, where the demand increases linearly with time. Here, the total profit is to be maximized under the limitation on investment. In this problem, total profit, total investment cost and the time-horizon are fuzzy in nature. The impreciseness in the above objective and constraint goals have bee...
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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...
متن کاملAn inventory model for deteriorating items with time-dependent demand and time-varying holding cost under partial backlogging
In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model ca...
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ژورنال
عنوان ژورنال: Applied Mathematical Modelling
سال: 2009
ISSN: 0307-904X
DOI: 10.1016/j.apm.2007.12.015