In typical EOQ-based inventory models, the demand rate and the holding cost are assumed to have constant values and the unit purchase cost is assumed constant regardless of the …
With the advent of better technologies in manufacturing and retail industry, consumer beliefs and needs have been altered. Supermarkets are expected to sell fresh products in good …
CK Jaggi, S Tiwari, SK Goel - Annals of Operations Research, 2017 - Springer
The formulation of classical deteriorating inventory models is done with the common unrealistic assumption that all the items start deteriorating as soon as they arrive in the …
In the yard of business organization, due to a major number of competitors and uncertainty of customers' demand, everyone faces some disturbances for smoothly running of their …
HN Soni - International journal of production Economics, 2013 - Elsevier
This study is motivated by the paper of Chang et al.[International Journal of Production Economics 123 (2010) 62–68]. We extend their inventory model from two aspects.(1) The …
DW Pentico, MJ Drake - European journal of operational research, 2011 - Elsevier
Models for the basic deterministic EOQ or EPQ problem with partial backordering or backlogging make all the assumptions of the classic EOQ or EPQ model with full …
This research work develops a two-warehouse inventory model for non-instantaneous deteriorating items with interval-valued inventory costs and stock-dependent demand under …
Recent decades have seen a surge in reports of mismanagement and mishandling of non- instantaneous deteriorating items (NIDIs), highlighting sustainability issues, environmental …
S Bardhan, H Pal, BC Giri - Operational Research, 2019 - Springer
An inventory model with stock-dependent demand and non-instantaneous deterioration is developed in this paper. It is assumed that the item starts deteriorating at a constant rate …