Analysis of inventory control model with shortage under time-dependent demand and time-varying holding cost including stochastic deterioration

2016 ◽  
Vol 260 (1-2) ◽  
pp. 437-460 ◽  
Author(s):  
Magfura Pervin ◽  
Sankar Kumar Roy ◽  
Gerhard-Wilhelm Weber
Keyword(s):  
Inventory Control ◽  
Control Model ◽  
Time Dependent ◽  
Time Varying ◽  
Holding Cost ◽  
Inventory Control Model ◽  
Dependent Demand

scholarly journals Effect of Inflation on Two Storage Inventory Model with Time Dependent Deteriorating Items and Stock Dependent Demand

2020 ◽  
Vol 5 (3) ◽  
pp. 544-555
Author(s):  
Preeti Sharma ◽  
Sanjay Sharma ◽  
B. B. Singh ◽  
Anand Tyagi
Keyword(s):  
Inventory Control ◽  
Present Model ◽  
Control Model ◽  
Inventory Model ◽  
Time Dependent ◽  
Deterioration Rate ◽  
Production Inventory ◽  
Stock Dependent Demand ◽  
Inventory Control Model ◽  
Dependent Demand

For deteriorating product, there always be a pressure on the company to maximize the profit. In the present model, an effort is made to develop a production inventory control model having two separate warehouses. In most of the study, the demand is assumed as time dependent which is not appropriate; but here authors have considered stock based demand. An approach is taken into consideration that deterioration rate different for different warehouses.

scholarly journals Optimal Acquisition and Inventory Control for a Remanufacturing System

2013 ◽  
Vol 2013 ◽  
pp. 1-7 ◽  
Author(s):  
Zhigang Jiang ◽  
Shuo Zhu ◽  
Hua Zhang ◽  
Yanhong Wang
Keyword(s):  
Inventory Control ◽  
Control Model ◽  
The Other ◽  
Planning And Control ◽  
Holding Cost ◽  
The Difference ◽  
Inventory Control Model ◽  
Added Uncertainty ◽  
And Control ◽  
Disposal Cost

Optimal acquisition and inventory control can often make the difference between successful and unsuccessful remanufacturing. However, there is a greater degree of uncertainty and complexity in a remanufacturing system, which leads to a critical need for planning and control models designed to deal with this added uncertainty and complexity. In this paper, a method for optimal acquisition and inventory control of a remanufacturing system is presented. The method considers three inventories, one for returned item and the other for serviceable and recoverable items. Taking the holding cost for returns, recoverable and remanufactured products, remanufacturing cost, disposal cost, and the loss caused by backlog into account, the optimal inventory control model is established to minimize the total costs. Finally, a numerical example is provided to illustrate the proposed methods.

INVENTORY MODEL OF DETERIORATING ITEMS FOR LINEAR HOLDING COST WITH TIME DEPENDENT DEMAND

2015 ◽  
Vol 4 (1) ◽  
pp. 29-36
Author(s):  
N Mishra ◽  
SP Mishra ◽  
Srichandan Mishra ◽  
J Panda ◽  
UK Misra
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Holding Cost ◽  
Dependent Demand
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