Shortage linked EOQ model for Weibull-time unstable demand in the company of permitted delay in payments

Autor:	Rakesh Tripathi, Hari Shyam Pandey, Pravin Kumar Srivastava
Rok vydání:	2020
Předmět:	Constraint (information theory) Demand rate media_common.quotation_subject Econometrics Economic shortage Sensitivity (control systems) Economic order quantity Payment Weibull distribution media_common Mathematics
Zdroj:	International Journal of Supply Chain and Inventory Management. 3:124
ISSN:	2054-1007 2054-099X
DOI:	10.1504/ijscim.2020.107263
Popis:	In this study, we consider economic order quantity (EOQ) model over a restricted horizon, where demand rate follows a two-parameter Weibull time-linked. Shortages are tolerable and absolutely backlogged. Mathematical formulations are derived under two unlike state of affairs, i.e., Case 1: permissible delay is fewer than or identical time to close positive inventory for settling the account and Case 2: allowable delay period is larger than time to finish positive inventory. Based on the most favourable solutions, several significant outcomes are derived and arithmetic examples are given to authenticate the projected model. Sensitivity investigation is discussed to investigate effects of dissimilarity with variation in one constraint at a time on best possible clarification.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bf148b0fc971255c45c27813745b5cf7 https://doi.org/10.1504/ijscim.2020.107263 Zobrazit plný text záznamu