Deteriorating Inventory Model With Controllable Deterioration Rate for Time-Dependent Demand and Time-Varying
Yugoslav journal of operations research, Tome 24 (2014) no. 1, p. 87
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In this paper, we develop an inventory model for non-instantaneous
deteriorating items under the consideration of the facts: deterioration rate can be
controlled by using the preservation technology (PT) during deteriorating period, and
holding cost and demand rate both are linear function of time, which was treated as
constant in most of the deteriorating inventory models. So in this paper, we developed a
deterministic inventory model for non-instantaneous deteriorating items in which both
demand rate and holding cost are a linear function of time, deterioration rate is constant,
backlogging rate is variable and depend on the length of the next replenishment,
shortages are allowed and partially backlogged. The model is solved analytically by
minimizing the total cost of the inventory system. The model can be applied to
optimizing the total inventory cost of non-instantaneous deteriorating items inventory for
the business enterprises, where the preservation technology is used to control the
deterioration rate, and demand holding cost both are a linear function of time.
Classification :
90B05.
Keywords: Inventory, non-instantaneous deteriorating items, controllable deterioration rate, preservation technology, time dependent holding cost.
Keywords: Inventory, non-instantaneous deteriorating items, controllable deterioration rate, preservation technology, time dependent holding cost.
@article{YJOR_2014_24_1_a5,
author = {Vinod Kumar Mishra},
title = {Deteriorating {Inventory} {Model} {With} {Controllable} {Deterioration} {Rate} for {Time-Dependent} {Demand} and {Time-Varying}},
journal = {Yugoslav journal of operations research},
pages = {87 },
year = {2014},
volume = {24},
number = {1},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2014_24_1_a5/}
}
TY - JOUR AU - Vinod Kumar Mishra TI - Deteriorating Inventory Model With Controllable Deterioration Rate for Time-Dependent Demand and Time-Varying JO - Yugoslav journal of operations research PY - 2014 SP - 87 VL - 24 IS - 1 UR - http://geodesic.mathdoc.fr/item/YJOR_2014_24_1_a5/ LA - en ID - YJOR_2014_24_1_a5 ER -
%0 Journal Article %A Vinod Kumar Mishra %T Deteriorating Inventory Model With Controllable Deterioration Rate for Time-Dependent Demand and Time-Varying %J Yugoslav journal of operations research %D 2014 %P 87 %V 24 %N 1 %U http://geodesic.mathdoc.fr/item/YJOR_2014_24_1_a5/ %G en %F YJOR_2014_24_1_a5
Vinod Kumar Mishra. Deteriorating Inventory Model With Controllable Deterioration Rate for Time-Dependent Demand and Time-Varying. Yugoslav journal of operations research, Tome 24 (2014) no. 1, p. 87 . http://geodesic.mathdoc.fr/item/YJOR_2014_24_1_a5/