Optimal Integrated inventory model with Lost Sale and Backordering

2009 ◽  
Author(s):  
Alireza Haji ◽  
Keyvan Amiri Elyasi ◽  
Azadeh Save shemshaki
Keyword(s):  
Inventory Model ◽  
Integrated Inventory Model ◽  
Integrated Inventory

Integrated inventory model with backorder and minimal repair in a supply chain

2016 ◽  
Vol 232 (3) ◽  
pp. 546-560 ◽  
Author(s):  
Ming-Feng Yang ◽  
Yi Lin
Keyword(s):  
Preventive Maintenance ◽  
Optimal Number ◽  
Inventory Model ◽  
Integrated Inventory Model ◽  
Production Ratio ◽  
Purchase Cost ◽  
Production Run ◽  
Special Cases ◽  
Integrated Inventory ◽  
Holding Cost

This study explores the feasibility of applying an integrated inventory model with the consideration of incorporating production programs and maintenance to an imperfect process involving a deteriorating production system. The main target of this research is to build an integrated inventory model with the issues of backorder and repair. Additionally, our proposed model tries to provide an optimal number of shipments m and lower cost. Furthermore, this article offers the detailed discussion of two preventive maintenances of the production run period which are named as perfect preventive maintenance and imperfect preventive maintenance. Also, in this study, we develop various special cases that consider the failure rate such as Weibull, geometric and learning effect. Based on the results, the demand and production ratio influences the holding cost and purchase cost and has the highest impact on the integrated model.

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