Advertisement of the product is an important factor in inventory analysis. Also, price and stock have an important role to attract more customers in the competitive business situations. Trade credit policy is another important role in inventory analysis. We have combined these three factors together in a two-warehouse inventory model and represented it mathematically. In addition, we have added...

We consider a single stage production-inventory system whose production and demand rates are modulated by an environment process modeled as a finite state Continuous Time Markov Chain (CTMC). When the inventory level reaches zero, an order is placed from an external supplier, and it arrives instantaneously. We derive an Economic Order Quantity (EOQ ) policy that minimizes the long-run average c...

We present a fully polynomial time approximation scheme (FPTAS) for a capacitated economic lot-sizing problem with a monotone cost structure. An FPTAS delivers a solution with a given relative error ε in time polynomial in the problem size and in 1/ε. Such a scheme was developed by van Hoesel and Wagelmans [8] for a capacitated economic lot-sizing problem with monotone concave (convex) producti...

We study the integrated inventory distribution problem which is concerned with multiperiod inventory holding, backlogging, and vehicle routing decisions for a set of customers who receive units of a single item from a depot with infinite supply. We consider an environment in which the demand at each customer is deterministic and relatively small compared to the vehicle capacity, and the custome...

Markov-modulated processes have been used in stochastic inventory models with setup costs for modeling demand under the innuence of uncertain environmental factors, such as uctuating economic and market conditions. The analyses of these models have been carried out in the literature only under the assumption that unsatissed demand is fully backlogged. The lost sales situation occurs in many ret...

An order level inventory model for seasonable/fashionable products subject to a period of increasing demand followed by a period of level demand and then by a period of decreasing demand rate three branches ramp type demand rate is considered. The unsatisfied demand is partially backlogged with a time dependent backlogging rate. In addition, the product deteriorates with a time dependent, namel...

We consider the production of multiple standardized products on a single machine with limited capacity and set-up times under random demands and random production times, i.e., the so-called stochastic economic lot scheduling problem (SELSP). The main task for the production manager in this setting is the construction of a production plan for the machine that minimizes the total costs, i.e., the...

introduction: a large number of software programs have been used in dentistry for diagnosis and treatment planning to date. however, due to promotion of programming languages and developments in dental sciences, it is necessary to develop and update these softwares. use of softwares for treatment planning for removable partial dentures has been popular for some time and always new softwares hav...

Production emissions in the industrial sector are a major source of environmental pollution. In this paper, we explore how emission considerations integrated with production decisions. We develop dynamic model consisting two firms located same park, which satisfies exogenously given demands separate markets. The can build up or rundown stocks (full backlogging), both costly. cost depends on tot...