Geodesic
An Economic Production Quantity (EPQ) Model for a Deteriorating Item With Partial Trade Credit Policy for Price Dependent Demand Under Inflation and Reliability
Yugoslav journal of operations research, Tome 31 (2021) no. 2, p. 139 Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts

Voir la notice de l'article

It is well-known that the production-inventory problem for deteriorating items in the supply chain is a challenge when deciding on how many products to manufacture to obtain a maximum total profit. This research work develops an economic production quantity model for a deteriorating item under partial trade credit policy considering inflation, the effect of reliability factor of a production system, and the demand depending on the price of a product whose selling price is optimized. The production-inventory model is formulated as a nonlinearly constrained optimization problem by analyzing different cases. Finally, through a numerical example, a sensitivity analysis is performed to study the effect of different parameters, changing one parameter at a time and keeping others fixed at their original values.
Classification : 90B05, 90B30
Keywords: Economic Production Quantity (EPQ) Model, Partial Trade Credit Policy, Inflation, Reliability, Deterioration 
@article{YJOR_2021_31_2_a0,
     author = {Ali Akbar Shaikh and Leopoldo Eduardo C\'ardenas-Barr\'on and Amalesh Kumar Manna and Armando C\'espedes-Mota},
     title = {An {Economic} {Production} {Quantity} {(EPQ)} {Model} for a {Deteriorating} {Item} {With} {Partial} {Trade} {Credit} {Policy} for {Price} {Dependent} {Demand} {Under} {Inflation} and {Reliability}},
     journal = {Yugoslav journal of operations research},
     pages = {139 },
     year = {2021},
     volume = {31},
     number = {2},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/YJOR_2021_31_2_a0/}
}
TY  - JOUR
AU  - Ali Akbar Shaikh
AU  - Leopoldo Eduardo Cárdenas-Barrón
AU  - Amalesh Kumar Manna
AU  - Armando Céspedes-Mota
TI  - An Economic Production Quantity (EPQ) Model for a Deteriorating Item With Partial Trade Credit Policy for Price Dependent Demand Under Inflation and Reliability
JO  - Yugoslav journal of operations research
PY  - 2021
SP  - 139 
VL  - 31
IS  - 2
UR  - http://geodesic.mathdoc.fr/item/YJOR_2021_31_2_a0/
LA  - en
ID  - YJOR_2021_31_2_a0
ER  - 
%0 Journal Article
%A Ali Akbar Shaikh
%A Leopoldo Eduardo Cárdenas-Barrón
%A Amalesh Kumar Manna
%A Armando Céspedes-Mota
%T An Economic Production Quantity (EPQ) Model for a Deteriorating Item With Partial Trade Credit Policy for Price Dependent Demand Under Inflation and Reliability
%J Yugoslav journal of operations research
%D 2021
%P 139 
%V 31
%N 2
%U http://geodesic.mathdoc.fr/item/YJOR_2021_31_2_a0/
%G en
%F YJOR_2021_31_2_a0
Ali Akbar Shaikh; Leopoldo Eduardo Cárdenas-Barrón; Amalesh Kumar Manna; Armando Céspedes-Mota. An Economic Production Quantity (EPQ) Model for a Deteriorating Item With Partial Trade Credit Policy for Price Dependent Demand Under Inflation and Reliability. Yugoslav journal of operations research, Tome 31 (2021) no. 2, p. 139 . http://geodesic.mathdoc.fr/item/YJOR_2021_31_2_a0/