Back to Search
Start Over
A note on the inventory models for deteriorating items with ramp type demand rate
- Source :
- European Journal of Operational Research. 178:112-120
- Publication Year :
- 2007
- Publisher :
- Elsevier BV, 2007.
-
Abstract
- In this research we study the inventory models for deteriorating items with ramp type demand rate. We first clearly point out some questionable results that appeared in (Mandal, B., Pal, A.K., 1998. Order level inventory system with ramp type demand rate for deteriorating items. Journal of Interdisciplinary Mathematics 1, 49–66 and Wu, K.S., Ouyang, L.Y., 2000. A replenishment policy for deteriorating items with ramp type demand rate (Short Communication). Proceedings of National Science Council ROC (A) 24, 279–286). And then resolve the similar problem by offering a rigorous and efficient method to derive the optimal solution. In addition, we also propose an extended inventory model with ramp type demand rate and its optimal feasible solution to amend the incompleteness in the previous work. Moreover, we also proposed a very good inventory replenishment policy for this kind of inventory model. We believe that our work will provide a solid foundation for the further study of this sort of important inventory models with ramp type demand rate.
- Subjects :
- Inventory control
Information Systems and Management
General Computer Science
Operations research
Inventory system
Management Science and Operations Research
Type (model theory)
Discount points
Industrial and Manufacturing Engineering
Work (electrical)
Order (business)
Modeling and Simulation
Demand rate
Economics
sort
Subjects
Details
- ISSN :
- 03772217
- Volume :
- 178
- Database :
- OpenAIRE
- Journal :
- European Journal of Operational Research
- Accession number :
- edsair.doi...........925e688d3e89b15c71e86015b34d3d85
- Full Text :
- https://doi.org/10.1016/j.ejor.2006.01.028