This paper presents a multi objective geometric programming model which determines the product`s selling price in two markets. We assume demand is a function of price and marketing expenditure in two markets. The cost of production is also assumed to be a function of demands in both markets. Our model is a posynomial function which is solved using Geometric Programming (GP). In our GP implement...

The classical Economic Order Quantity (EPQ) models consider that the production rate is fixed and constant. But in many manufacturing and production processes the production rate is a function of stock on hand. For this sort of situations we develop and analyze an EPQ model with the assumption that the production rate is a function of the on-hand inventory and demand is a function of selling pr...

in this paper, the study deals with the lead time and setup reduction problem in the vendor-purchaser integrated inventory model. the cost of capital (i.e., opportunity cost) is one of the key factors in making the inventory and investment decisions. lead time is an important element in any inventory system. the proposed model is presents an integrated inventory model with controllable lead tim...

Extensive research has been devoted to economic production quantity (EPQ) problem. However, little atten-tion has been paid to problems where depreciation cost and process quality cost must be considered, simulta-neously. In this paper, we consider the economic production quantity model of minimizing the annual total cost subject to depreciation cost and process quality cost, where depreciation...

Cobb-Douglas Production Function was widely used in economics and productivity studies across many sectors. The function's quantitative modeling of resource inputs and production outputs is appealing to the research domain of construction management. In this thesis we explored this function's application in construction schedule crashing and project risk analysis related to duration of construc...

In this paper, we develop a branch-and-bound algorithm to solve a network flow problem of optimizing production and transportation simultaneously. The production cost is assumed to be a concave function in light of scale economy. The proposed algorithm generates a globally optimal solution to this nonconvex minimization problem in finite time, without assuming the separability of the production...

in this paper, a production inventory model is developed for the business enterprise which consists of three wings. the first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. in this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...

| Wireless sensor nodes are autonomous devices incorporating sensing, power, computation, and communication into one system. Applications for large scale networks of these nodes are presented in the context of their impact on the hardware design. The demand for low unit cost and multiyear lifetimes, combined with progress in CMOS and MEMS processing, are driving development of SoC solutions for...

Rheological object, such as various food products and biological tissues, has both elastic and plastic properties. Modeling of rheological object has not been studied frequently comparing with the modeling of elastic one. Our previously developed FE models of rheological objects were based on triangular or tetrahedra finite elements. In this paper, the FE model of rheological object formulated ...