Olalekan, Adaraniwon Amos and Bin, Mohd Omar (2020) An inventory model for linearly time-dependent deteriorating rate and time-varying demand with shortages partially backlogged. Journal of Intelligent & Fuzzy Systems, 38 (4). pp. 4545-4557. ISSN 1064-1246, DOI https://doi.org/10.3233/JIFS-191323.
Full text not available from this repository.Abstract
In this paper, a deterministic inventory model for deteriorating items with linear deterioration rate is proposed. Demand follows a power pattern. Shortages are permitted and partially backlogged. An optimal solution is derived to minimizes the total average cost. Numerical examples are given, and sensitivity analysis carried out to show how the optimal decisions are affected by changes in different parameters in the model. Graphical representation of the convexity of the total cost against the decision variables shows the efficiency and reliability of the model.
| Item Type: | Article |
|---|---|
| Funders: | UNSPECIFIED |
| Uncontrolled Keywords: | Inventory; Power demand pattern; Deterioration; Linearly; Shortages |
| Subjects: | Q Science > QA Mathematics Q Science > QA Mathematics > QA76 Computer software |
| Divisions: | Faculty of Science > Institute of Mathematical Sciences |
| Depositing User: | Ms Zaharah Ramly |
| Date Deposited: | 29 May 2023 00:51 |
| Last Modified: | 29 May 2023 00:51 |
| URI: | http://eprints.um.edu.my/id/eprint/37138 |
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