Inventory model for instantaneous deteriorating items with time sensitive demand for post COVID-19 recovery

نویسندگان

چکیده

The Covid-19 epidemic has caused substantial obstacles to the supply network globally. Hence there is urgency and necessity build a model for cash flow in chain of demand system. This research suggests an inventory assist retailers determining optimal ordering quantity replenishment cycle reduce total cost different payment cases. current study looks toward partial advance delays system considering time-sensitive demand, shortage, backlogging instantaneous deteriorating items. During financial crisis, delay-in-payment strategy planned keep orders flowing from suppliers customers retailers. impact advanced delayed payments on retailer examined. To exemplify model?s application, numerical examples are used. A sensitivity critical parameters been done identify more sensitive which reveal clear depiction present problems.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Inventory Model for Deteriorating Items with Quadratic Time Dependent Demand under Trade Credits

In this paper, an EOQ model is developed for a deteriorating item with quadratic time dependent demand rate under trade credit. Mathematical models are also derived under two different situations i.e. Case I; the credit period is less than the cycle time for settling the account and Case II; the credit period is greater than or equal to the cycle time for settling the account. The numerical exa...

متن کامل

Two-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 کامل

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...

متن کامل

Developing EOQ model with instantaneous deteriorating items for a Vendor-Managed Inventory (VMI) system

This paper studies the economic-order-quantity model (EOQ) for deteriorating items in two cases (with and without shortages) to evaluate how vendor managed inventory (VMI) affects supply chain. We consider two-level supply chain (single supplier and a single retailer) with one instantaneous deteriorating item. A numerical example and sensitivity analysis are provided to illustrate the effect of...

متن کامل

An 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 کامل

ذخیره 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: Yugoslav Journal of Operations Research

سال: 2022

ISSN: ['2334-6043', '0354-0243', '1820-743X']

DOI: https://doi.org/10.2298/yjor220915039f