Two-warehouse Inventory Model with Multivariate Demand and K-release Rule
| Autor: | Neeraj Kumar, Jaivindra Tomar, Sheshamani Singh |
|---|---|
| Rok vydání: | 2013 |
| Předmět: |
Mathematical optimization
Multivariate statistics media_common.quotation_subject K release Profit (economics) Warehouse Cash K-release rule multivariate demand Economics General Earth and Planetary Sciences Operations management Two-warehouse system Time complexity lost sale and time value of money Stock (geology) General Environmental Science media_common Weibull distribution |
| Zdroj: | Procedia Technology. 10:788-796 |
| ISSN: | 2212-0173 |
| DOI: | 10.1016/j.protcy.2013.12.423 |
| Popis: | In this paper, we’ve projected a two-warehouse inventory model for deteriorating things beneath the impact of inflation and continuance of cash, wherever demand follows a rare combination of the linear time variable and on-hand inventory level. In one in the entire warehouse (OW), time-varying linear deterioration was thought-about and within the different (RW) weibull distributed deterioration was studied. Here, shortages were allowed and part backlogged. The stock is transferred from the RW to the OW following a bulk unharness rule. The target here is to seek out the optimum amount to that ought to be ordered and also the optimum variety of cycles during which the number from RW should be transferred to OW to maximize world wide web profit per unit time. The model has additionally been exemplified with the many numerical examples. The results have additionally been understood diagrammatically. |
| Databáze: | OpenAIRE |
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