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In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing...
Persistent link: https://www.econbiz.de/10009759300
In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing...
Persistent link: https://www.econbiz.de/10010317861
This paper consider the problem of finding optimal critical levels for an inventory system for multiitem with multiple demand classes, Poisson demand process, lost sales and ample supply. The ordering policy is assumed to be the (S -1, S) type i.e. replacement item is ordered as soon as a unit...
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Purpose: The purpose of this paper to develop an inventory model for instantaneous deteriorating items with the consideration of the facts that the deterioration rate can be controlled by using the preservation technology (PT) and the holding cost & demand rate both are linear function of time...
Persistent link: https://www.econbiz.de/10011901738
In this paper we develop an inventory model, to determine the optimal ordering quantities, for a set of two substitutable deteriorating items. In this inventory model the inventory level of both items depleted due to demands and deterioration and when an item is out of stock, its demands are...
Persistent link: https://www.econbiz.de/10011765324
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