Geodesic
An EOQ Model With Stock Dependent Demand and Imperfect Quality Items
Yugoslav journal of operations research, Tome 20 (2010) no. 2, p. 237 .

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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. 
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     author = {Shibaji Panda},
     title = {An {EOQ} {Model} {With} {Stock} {Dependent} {Demand} and {Imperfect} {Quality} {Items}},
     journal = {Yugoslav journal of operations research},
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     year = {2010},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/YJOR_2010_20_2_a4/}
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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/