An $(s,S)$ inventory model with level-dependent $G/M/1$-Type structure
نویسندگان
چکیده
منابع مشابه
An Inventory Model with Inventory Level-Dependent Demand Rate, Deterioration, Partial Backlogging and Decrease in Demand
A deterministic inventory model for infinite time-horizon incorporating inventory level-dependent demand rate, deterioration begins after a certain time, partial backlogging and decrease in demand is developed. The salient feature of the developed model is the introduction of the concept of fractional decrease in demand due to ageing of inventory. Demand at any instant depends linearly on the ...
متن کاملAn sS Model with Adverse Selection
We present a model of the market for a used durable in which agents face ...xed costs of adjustment, the magnitude of which depends on the degree of adverse selection in the secondary market. We ...nd that, unlike typical models, the sS bands in our model contract as the variance of the shock process increases. We also analyze a dynamic version of the model in which agents are allowed to make d...
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...
متن کاملAn EMQ inventory model for defective products involving rework and sales team’s initiatives-dependent demand
This paper investigates the issue of an economic manufacturing quantity model for defective products involving imperfect production processes and rework. We consider that the demand is sensitive to promotional efforts/sales teams’ initiatives as well as the setup cost can be reduced through further investment. It also assumes that fixed quantity multiple installments of the finished batch are d...
متن کاملTwo-Warehouse Inventory Model for Deteriorating Items with Time-Dependent Demand and Partial Backlogging Under Inflation
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 pr...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Industrial and Management Optimization
سال: 2015
ISSN: 1547-5816
DOI: 10.3934/jimo.2016.12.609