Back to Search Start Over

Inventory Systems with an Exponential Deterioration Rate.

Authors :
Yu-Lan Wang
Chin Lin Wen
Ming-Li Chen
Source :
IAENG International Journal of Applied Mathematics. Apr2024, Vol. 54 Issue 4, p663-670. 8p.
Publication Year :
2024

Abstract

The purpose of this paper is to present a complete and simplified solution procedure for the inventory model under trapezoidal type demand, Weibull-distributed deterioration, and partial backlogging. A published paper already provide a solution approach for this kind of inventory models. However, we will show that his approach is too complicated that depending on the partition the domain of a trapezoidal type demand to result in three sub-optimal problems. However, this paper will show that the already exist approach is correct but tedious. Moreover, a generalization of this kind of inventory systems from a trapezoidal type demand to any positive demand under a condition of generalized backlogged rate is also developed by this paper. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
19929978
Volume :
54
Issue :
4
Database :
Academic Search Index
Journal :
IAENG International Journal of Applied Mathematics
Publication Type :
Academic Journal
Accession number :
176378473