EOQ MODEL FOR ITEMS WITH WEIBULL DISTRIBUTION DETERIORATION, SHORTAGES AND TRENDED DEMAND

Authors
JALAN AK GIRI RR CHAUDHURI KS
Citation
Ak. Jalan et al., EOQ MODEL FOR ITEMS WITH WEIBULL DISTRIBUTION DETERIORATION, SHORTAGES AND TRENDED DEMAND, International Journal of Systems Science, 27(9), 1996, pp. 851-855
Citations number
15
Categorie Soggetti
System Science","Computer Science Theory & Methods","Operatione Research & Management Science
Journal title
International Journal of Systems Science → ACNP
ISSN journal
00207721
Volume
27
Issue
9
Year of publication
1996
Pages
851 - 855
Database
ISI
SICI code
0020-7721(1996)27:9<851:EMFIWW>2.0.ZU;2-K
Abstract
The present paper deals with an inventory model for deteriorating item s with instantaneous supply, linearly increasing demand and shortages in inventory. A two-parameter Weibull distribution is taken to represe nt the time to deterioration. A theory is developed to obtain the opti mal solution of the problem; it is then illustrated with the help of a numerical example. The sensitivity of the optimal solution towards ch anges in the values of different system parameters is also studied.