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:: Volume 2, Issue 1 (5-2015) ::
2015, 2(1): 662-682 Back to browse issues page
A Two-warehouse Inventory Model for Deteriorating Items with Permissible Delay under Exponentially Increasing Demand
R Sundara Rajan * 1, R Uthayakumar2
1- PSNA College of engineering Dindigul, Silvarpatti, India , dglsundar21579@gmail.com
2- Gandhigram Rural Institute-Deemed University Gandhigram, India
Abstract:   (5512 Views)
In this study, a two-warehouse inventory model with exponentially increasing trend in demand involving different deterioration rates under permissible delay in payment has been studied. Here the scheduling period is assumed to be a variable. The objective of this study is to obtain the condition when to rent a warehouse and the retailer's optimal replenishment policy that minimizes the total relevant cost. An effective algorithm is designed to obtain the optimal solution of the proposed model. Numerical examples are provided to illustrate the application of the model.Based on the numerical examples, we have concluded that the single warehouse model is less expensive to operate than that of two warehouse model. Sensitivity analysis has been provided and managerial implications are discussed.
Keywords: Deterioration, Time-dependent demand, Two-warehouse, Permissible delay
     
Type of Study: مقاله پژوهشی |
ePublished: 2017/09/28
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Sundara Rajan R, Uthayakumar R. A Two-warehouse Inventory Model for Deteriorating Items with Permissible Delay under Exponentially Increasing Demand. Journal title 2015; 2 (1) :662-682
URL: http://system.khu.ac.ir/ijsom/article-1-2416-en.html


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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 2, Issue 1 (5-2015) Back to browse issues page
International Journal of Supply and Operations Management International Journal of Supply and Operations Management
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