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fuzziness. The deterioration rate is represented by a two-parameter Weibull distribution. As inflation erodes the value of money …
Persistent link: https://www.econbiz.de/10011208962
In this paper, we develop an economic order quantity (EOQ) model for finite production rate and deteriorating items with time dependent increasing demand. The component cost and the selling price are considered at a continuous rate of time. The objective of this model is to maximize the total...
Persistent link: https://www.econbiz.de/10010608247
The paper deals with a joint project of fishery and poultry while growth rates of both the species depend on the available nutrients and environmental carrying capacities of biomasses. The demand rates of both the species in the market vary with the selling prices and on-hand stock of the...
Persistent link: https://www.econbiz.de/10010573349
In this paper, a multiple objective programming model has been presented as a supply chain with the general purpose of adopting an integrated approach such that with making optimal decisions about the optimum allocation of limited sources in the supply chain, selection of the suppliers,...
Persistent link: https://www.econbiz.de/10010744017
This paper studies a dynamic procurement problem by reverse auction for a retailer with stochastic demand. In each period, the retailer based on his inventory needs to determine a payment function (a procurement contract) according to which a number of potential suppliers compete in the reverse...
Persistent link: https://www.econbiz.de/10010719413