Article2016

A production reliable model for deteriorating products with random demand and inflation

22 citations0/0 files storedInternational Journal of Systems Science Operations & Logistics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Reliability and Maintenance Optimization Optimization and Mathematical Programming

Abstract

In this article, an inventory model for decaying items with reliable production process is developed. Stochastic demand rate is assumed during the development of the proposed model and the effect of inflation is also taken into consideration. The proposed model is structured under two different cases: (1) without shortage and (2) allowing the model for shortage. The objective of this study is to maximise the expected profit of the system. Numerical experiment is done and sensitivity analysis with respect to the key parameters is executed to validate the obtained results.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 22 citations exist upstream.

References

1983Production and inventory management 1986Economic Production Cycles with Imperfect Production Processes 2000Economic production quantity model for items with imperfect quality 1975Economic Order Quantities with Inflation 1977Inventory Replenishment Policy for a Linear Trend in Demand—An Analytical Solution 1981(T, Si) Policy Inventory Model for Deteriorating Items with Time Proportional Demand 2004Economic ordering quantity models for items with imperfect quality 1979A note on optimal inventory management under inflation

Cited by

2021A reverse logistics inventory model with multiple production and remanufacturing batches under fuzzy environment 2021Two-phase deteriorated supply chain model with variable demand and imperfect production process under two-stage credit financing

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.