An Exponential Production-Inventory Problem with Exponential Demand, Time Dependent Deterioration Rate with Shortages
Author & Affiliation:
D. SAMAL
Department of Mathematics, College of Engineering Bhubaneswar, Orissa (INDIA)
A. KALAM
Department of Mathematics, GIFT, Orissa (INDIA)
S.K. SAHU
Department of Mathematics, Govt. Science College, Malkanagiri, Orissa (INDIA)
M. MISHRA
V.I.T., University, Vellore - Tamil Nadu (INDIA)
Keyword:
Exponential demand, Deterioration, Production, Shortage
Issue Date:
December 2008
Abstract:
In this paper present inventory system for time dependent deteriorating items has been developed with exponential demand rate and exponential production. The finite production rate is proportional to the demand rate and deterioration rate. The model with shortage case in inventory solved here. Sensitivity of the decision variable to changes in the parameter values is examine and affect of this changes on the optimal policy are discussed and numerical examples presented to illustrate the model developed.
Pages:
699-708
ISSN:
2319-8044 (Online) - 2231-346X (Print)
Source:
PDF:
DOI:
jusps-A
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Copy the following to cite this article:
D. Samal; A. Kalam; S. Sahu; M. Mishra, "An Exponential Production-Inventory Problem with Exponential Demand, Time Dependent Deterioration Rate with Shortages", Journal of Ultra Scientist of Physical Sciences, Volume 20, Issue 3, Page Number 699-708, 2018Copy the following to cite this URL:
D. Samal; A. Kalam; S. Sahu; M. Mishra, "An Exponential Production-Inventory Problem with Exponential Demand, Time Dependent Deterioration Rate with Shortages", Journal of Ultra Scientist of Physical Sciences, Volume 20, Issue 3, Page Number 699-708, 2018Available from: https://www.ultrascientist.org/paper/1432/
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