Here, a fuzzy inventory model for deteriorating items with shortages under fully backlogged condition is formulated and solved. Deterioration rate and demand are assumed to be constant. Shortages are allowed and assumed to be fully backlogged. Fuzziness is introduced by allowing the cost components, demand rate and the deterioration. In fuzzy environment, all related inventory parameters are as...

The main objective of this paper is to develop a Supply chain model of a volume agile manufacturing process for the deteriorating items. It is assumed that an EOQ model in which inventory is depleted not only by demand also by deterioration. In this study, a model for the producer by assuming stock dependent demand rate is developed. It is assumed that the deterioration rate follows the Weibull...

We develop a two-warehouse production model with imperfect items. Production rate is taken as the linear combination of on-hand inventory and demand, while demand rate is taken as function of time. Most of the researchers consider that the production rate is independent from the demand rate. In this paper we assume production rate as being dependent on the demand rate, and this assumption is mo...

This paper deals with an integrated model for the joint determination of economic production quantity and preventive maintenance (PM) level for an imperfect process having a general deterioration distribution with increasing hazard rate. The effect of PM activities on the deterioration pattern of the process is modeled using the imperfect maintenance concept. It is assumed that, after each PM, ...

This paper considers the impact of inflation on the EPQ model for deteriorating items subject to random machine breakdowns and fixed maintenance period. The demand rate is assumed to be a function of inflation and the demand increase due to inflation. The objective is to determine the optimal production uptime that minimizes the present value of expected total costs per unit time consisting of ...

The deterioration rate is a significant aspect of perishable goods. Since items will always deteriorate, there are effective methods for reducing the deterioration. Furthermore, in existing inventory control literature, often viewed as an exogenous component. Keeping this problem mind, article develops system from retailer’s perspective which: (i) controllable factor and suggests new fresh qual...

Does Mental Productivity Decline with Age? Evidence from Chess Players We use data on international chess tournaments to study the relationship between age and mental productivity in a brain-intensive profession. We show that less talented players tend to leave the game in the earliest phases of their career. When the effects of age on productivity vary with unobserved ability, commonly used fi...

The 2014 Indian general election marked a single party – the Bharatiya Janata Party, winning a majority of seats in Lok Sabha, the first time since the 1984 election. The Congress, the other main national party, suffered its worst ever defeat. This election was termed by some as a 'critical election' signalling the advent of a new phase of a ‘BJP dominated’ party system in India. In this paper,...

The 2014 Indian general election marked a single party – the Bharatiya Janata Party, winning a majority of seats in Lok Sabha, the first time since the 1984 election. The Congress, the other main national party, suffered its worst ever defeat. This election was termed by some as a 'critical election' signalling the advent of a new phase of a ‘BJP dominated’ party system in India. In this paper,...

In this paper, we have investigated multi-item integrated production-inventory models of supplier and retailer with a constant rate of deterioration under stock dependent demand. Here we have considered supplier’s production cost as nonlinear function depending on production rate, retailers procurement cost exponentially depends on the credit period and suppliers transportation cost as a non-li...