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Analysis on Dual Supply Inventory Model having Negative Arrivals and Finite Life Time Inventory.
- Source :
-
Reliability: Theory & Applications . Sep2021, Vol. 16 Issue 3, p295-301. 7p. - Publication Year :
- 2021
-
Abstract
- In this paper the impact of dual supply chain on a perishable inventory model with negative arrivals is evaluated. The perishable and replenishment rates of dual suppliers are distributed exponentially. Arrival process follows Poisson distribution and the probability for an ordinary customer is p and for the negative customer is q. Limiting distribution of the assumed model is obtained. Numerical results are presented for cost function and various system performance parameters. The impact of dual suppliers on the optimal reorder points will be useful in developing strategies for handling various perishable inventory problems with replenishment rates. [ABSTRACT FROM AUTHOR]
- Subjects :
- *MATRIX analytic methods
*COST functions
*NUMERICAL analysis
Subjects
Details
- Language :
- English
- ISSN :
- 19322321
- Volume :
- 16
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Reliability: Theory & Applications
- Publication Type :
- Academic Journal
- Accession number :
- 152786096