An EOQ Model With Stock Dependent Demand and Imperfect Quality Items
Yugoslav journal of operations research, Tome 20 (2010) no. 2, p. 237
Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts
This paper deals with an economic order quantity model where demand is
stock dependent. Items received are not of perfect quality and each lot received contains
percentage defective imperfect quality items, which follow a probability distribution.
Two cases are considered. 1) Imperfect quality items are held in stock and sold in a
single batch after a 100 percent screening process. 2) A hundred percent screening
process is performed but the imperfect quality items are sold as soon as they are detected.
Approximate optimal solutions are derived in both cases. A numerical example is
provided in order to illustrate the development of the model. Sensitivity analysis is also
presented, indicating the effects of percentage imperfect quality items on the optimal
order quantity and total profit.
Classification :
90B05
Keywords: Inventory, stock dependent demand, screening cost, imperfect quality items.
Keywords: Inventory, stock dependent demand, screening cost, imperfect quality items.
@article{YJOR_2010_20_2_a4,
author = {Shibaji Panda},
title = {An {EOQ} {Model} {With} {Stock} {Dependent} {Demand} and {Imperfect} {Quality} {Items}},
journal = {Yugoslav journal of operations research},
pages = {237 },
year = {2010},
volume = {20},
number = {2},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2010_20_2_a4/}
}
Shibaji Panda. An EOQ Model With Stock Dependent Demand and Imperfect Quality Items. Yugoslav journal of operations research, Tome 20 (2010) no. 2, p. 237 . http://geodesic.mathdoc.fr/item/YJOR_2010_20_2_a4/