An Inventory Model of Time and Reliability Dependent Demand with Deterioration and Partial Backordering Under Fuzziness

Author(s):  
Sudip Adak ◽  
G. S. Mahapatra
2012 ◽  
Vol 2012 ◽  
pp. 1-17 ◽  
Author(s):  
Neeraj Kumar ◽  
S. R. Singh ◽  
Rachna Kumari

The main objective of this paper is to develop a two-warehouse inventory model with partial backordering and Weibull distribution deterioration. We consider inflation and apply the discounted cash flow in problem analysis. The discounted cash flow (DCF) and optimization framework are presented to derive the optimal replenishment policy that minimizes the total present value cost per unit time. When only rented or own warehouse model is considered, the present value of the total relevant cost is higher than the case when two-warehouse is considered. The results have been validated with the help of a numerical example. Sensitivity analysis with respect to various parameters is also performed. From the sensitivity analysis, we show that the total cost of the system is influenced by the deterioration rate, the inflation rate, and the backordering ratio.


2015 ◽  
Vol 4 (1) ◽  
pp. 29-36
Author(s):  
N Mishra ◽  
SP Mishra ◽  
Srichandan Mishra ◽  
J Panda ◽  
UK Misra

2018 ◽  
Vol 7 (3) ◽  
pp. 42
Author(s):  
KUMAR ATTRI AMIT ◽  
S. R. SINGH ◽  
CHOUDHARY SHWETA ◽  
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2020 ◽  
Vol 139 ◽  
pp. 105557 ◽  
Author(s):  
Leopoldo Eduardo Cárdenas-Barrón ◽  
Ali Akbar Shaikh ◽  
Sunil Tiwari ◽  
Gerardo Treviño-Garza

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