scholarly journals A MAP/PH/1 Production Inventory Model with Perishable Items and Dependent Retrials

2021 ◽  
Vol 1850 (1) ◽  
pp. 012020
Author(s):  
K P Jose ◽  
P S Reshmi
Keyword(s):  
Inventory Model ◽  
Perishable Items ◽  
Production Inventory

scholarly journals A Fuzzy type Backlogging Production Inventory Model for Perishable Items with Time Dependent Exponential Demand Rate

2021 ◽  
Vol 33 (4) ◽  
pp. 51-65
Author(s):  
SUSHIL KUMAR ◽  
Keyword(s):  
Inventory Model ◽  
Time Dependent ◽  
Planning And Scheduling ◽  
Perishable Items ◽  
Economic Production ◽  
Production Inventory ◽  
Demand Rate ◽  
Total Profit ◽  
Epq Model ◽  
Production Quantity

Production inventory models have an important role in production planning and scheduling. In any economic production quantity (EPQ) model, the production rate is dependent on demand. In this paper we have established a production inventory model for perishable items with partial backlogging and time dependent exponential demand rate. Allowing shortage, it is partially backlogged. The unsatisfied demand is backlogged and it is considered a function of waiting time. The aim of our study is to optimizing the total profit during a given cycle. A numerical example is given in showing the applicability of the developed model.

Economic Production Inventory model with the associated costs of internet advertising to acquire customers residing worldwide

2014 ◽  
Vol 12 (9) ◽  
pp. 3921-3926
Author(s):  
Ritha Prakash ◽  
Nivetha Martin
Keyword(s):  
Modern Technology ◽  
Inventory Model ◽  
Internet Advertising ◽  
Advertising Strategy ◽  
Technology Acquisition ◽  
Industrial Sectors ◽  
Economic Production ◽  
Production Inventory ◽  
Short Span

In recent times, we are witnessing the technological revolution which provides access to tremendous changes in all the fields including the industrial sectors. The notable benefit of the modern technology is quick accomplishment of complex tasks within a short span of time, which has motivated the manufacturers to imbibe novelty techniques in the production process to enhance the quality of the product so as to retain its market position amidst the competitors. As globalization has gained more concern, the manufacturers employ internet advertising strategy to elevate the product to international level and to propagate the attributes of the products to the customers residing worldwide. In this paper an EPQ inventory model is developed in which the associated costs of technology, acquisition of local and international customers via internet advertising costs are included, a numerical example is also presented to validate the model.

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