A cash flow-oriented EOQ model of deteriorating items with increasing demand rate and shortages under permissible delay in payment

2015 ◽  
Vol 24 (2) ◽  
pp. 145 ◽  
Author(s):  
Nirmal Kumar Duari ◽  
Tripti Chakraborti
Keyword(s):  
Cash Flow ◽  
Deteriorating Items ◽  
Eoq Model ◽  
Permissible Delay In Payment ◽  
Demand Rate ◽  
Increasing Demand

A Fuzzy EOQ Model for Deteriorating Items With Allowable Shortage and Inspection Under the Trade Credit

2018 ◽  
pp. 233-249
Author(s):  
Chandra K. Jaggi ◽  
Bimal Kumar Mishra ◽  
T. C. Panda
Keyword(s):  
Trade Credit ◽  
Method Comparison ◽  
Deteriorating Items ◽  
Order Quantity ◽  
Centroid Method ◽  
Deterioration Rate ◽  
Eoq Model ◽  
Permissible Delay In Payment ◽  
Demand Rate ◽  
Fuzzy Cost

This chapter develops an economic order quantity model for deteriorating items with initial inspection, allowable shortage under the condition of permissible delay in payment by fuzzify the demand rate, deterioration rate and inspection parameter of non-defective parameter based on as triangular fuzzy numbers to fit the real word. The total fuzzy cost function has been defuzzified using signed distance and centroid method. Comparison between these two methods has also been discussed. The validity of the model has been established with the help of a hypothetical numerical example.

scholarly journals EOQ model for deteriorating items with exponential demand rate and shortages

2013 ◽  
Vol 1 (2) ◽  
pp. 67-76 ◽  
Author(s):  
H.S. Shukla ◽  
Vivek Shukla ◽  
Sushil Kumar Yadava
Keyword(s):  
Deteriorating Items ◽  
Eoq Model ◽  
Demand Rate

Retailer’s Pricing and Lot Sizing Policy for Non Deteriorating Items with Constant Demand Rate Under the Condition of Permissible Delay in Payments

2012 ◽  
Vol 3 (1) ◽  
pp. 74-84
Author(s):  
R. P. Tripathi ◽  
S. S. Misra
Keyword(s):  
Cycle Time ◽  
Lot Sizing ◽  
Deteriorating Items ◽  
Lot Size ◽  
Credit Period ◽  
Eoq Model ◽  
Develop Algorithm ◽  
Net Profit ◽  
Demand Rate ◽  
Delay In Payments

This study develops an EOQ model for retailer’s price and lot size simultaneously when the supplier permits delay in payments for an order of a product whose demand rate is a constant price elastic function for non-deteriorating items. In this study, mathematical models have been discussed under two different situations, i.e., case I: The credit period is less than or equal to cycle time for setting the account; and case II: The credit period is greater than the cycle time for setting the account. Expressions for an inventory system’s net profit are derived for these two cases. The authors develop algorithm for a retailer to determine its optimal price and lot size simultaneously, when supplier offers a permissible in payments.

scholarly journals Two warehouse inventory model for deteriorating item with exponential demand rate and permissible delay in payment

2017 ◽  
Vol 27 (1) ◽  
pp. 109-124 ◽  
Author(s):  
Naresh Kaliraman ◽  
Ritu Raj ◽  
Shalini Chandra ◽  
Harish Chaudhary
Keyword(s):  
Sensitivity Analysis ◽  
Inventory Model ◽  
Deteriorating Items ◽  
The Other ◽  
Inventory Cost ◽  
Numerical Illustration ◽  
Deterioration Rate ◽  
Permissible Delay In Payment ◽  
Demand Rate

A two warehouse inventory model for deteriorating items is considered with exponential demand rate and permissible delay in payment. Shortage is not allowed and deterioration rate is constant. In the model, one warehouse is rented and the other is owned. The rented warehouse is provided with better facility for the stock than the owned warehouse, but is charged more. The objective of this model is to find the best replenishment policies for minimizing the total appropriate inventory cost. A numerical illustration and sensitivity analysis is provided.

EOQ model for deteriorating items having constant and time-dependent demand rate

OPSEARCH ◽  
2007 ◽  
Vol 44 (3) ◽  
pp. 251-260 ◽  
Author(s):  
Meenakshi Srivastava ◽  
Ranjana Gupta
Keyword(s):  
Deteriorating Items ◽  
Time Dependent ◽  
Eoq Model ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand
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