AN INVENTORY MODEL WITH 2-COMPONENT DEMAND RATE AND SHORTAGES

Authors
PAUL K DATTA TK CHAUDHURI KS PAL AK
Citation
K. Paul et al., AN INVENTORY MODEL WITH 2-COMPONENT DEMAND RATE AND SHORTAGES, The Journal of the Operational Research Society, 47(8), 1996, pp. 1029-1036
Citations number
10
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
Journal title
The Journal of the Operational Research Society → ACNP
ISSN journal
01605682
Volume
47
Issue
8
Year of publication
1996
Pages
1029 - 1036
Database
ISI
SICI code
0160-5682(1996)47:8<1029:AIMW2D>2.0.ZU;2-5
Abstract
The article investigates a deterministic inventory system with two-com ponent demand rate. The demand rate is stock-dependent down to a certa in level and then constant. Shortages are allowed and are fully backlo gged. The storage space is assumed to be limited. A flowchart is provi ded to solve a general system. To study the effects of changes in the system parameters on the average net profit a sensitivity analysis has been performed.