The economic order quantity (EOQ) model has evolved greatly over past decades on the strength of incorporating realistic factors. In recent times, interest has been geared towards studying the effect of reverse flow of products into inventory system. In practice, businesses may operate return...

The economic order quantity (EOQ) model has evolved greatly over past decades on the strength of incorporating realistic factors. In recent times, interest has been geared towards studying the effect of reverse flow of products into inventory system. In practice, businesses may operate return...

Industrial energy is a major component of the total energy use in a nation. However, energy is not without a cost in its production, availability, use and even its environmental impact on society. In addition, most of the energy resources are depletable, thereby necessitating their sustainable...