Journal title
عنوان نشریه
International Journal of Supply and Operations Management
Literature & Humanities
http://system.khu.ac.ir/ijsom
1
admin
doi
en
jalali
1394
5
1
gregorian
2015
8
1
2
2
online
1
fulltext
fa
EOQ Model for Delayed Deteriorating Items with Shortages and Trade Credit Policy
EOQ Model for Delayed Deteriorating Items with Shortages and Trade Credit Policy
Research Paper
مقاله پژوهشی
This paper deals with a deterministic inventory model for deteriorating items under the condition of permissible delay in payments with constant demand rate is a function of time which differs from before and after deterioration for a single item. Shortages are allowed and completely backlogged which is a function of time. Under these assumptions, this paper develops a retailer's model for obtaining an optimal cycle length and ordering quantity in deteriorating items of an inventory model. Thus, our objective is retailer's cost minimization problem to nd an optimal replenishment policy under various parameters. The convexity of the objective function is derived and the numerical examples are provided to support the proposed model. Sensitivity analysis of the optimal solution with respect to major parameters of the model is included and the implications are discussed.
This paper deals with a deterministic inventory model for deteriorating items under the condition of permissible delay in payments with constant demand rate is a function of time which differs from before and after deterioration for a single item. Shortages are allowed and completely backlogged which is a function of time. Under these assumptions, this paper develops a retailer's model for obtaining an optimal cycle length and ordering quantity in deteriorating items of an inventory model. Thus, our objective is retailer's cost minimization problem to nd an optimal replenishment policy under various parameters. The convexity of the objective function is derived and the numerical examples are provided to support the proposed model. Sensitivity analysis of the optimal solution with respect to major parameters of the model is included and the implications are discussed.
Inventory , Deterioration , Constant demand rate , Trade credit , Complete backlogging ,
Inventory , Deterioration , Constant demand rate , Trade credit , Complete backlogging ,
759
783
http://system.khu.ac.ir/ijsom/browse.php?a_code=A-10-334-1&slc_lang=fa&sid=1
R
Sundararajan
R
Sundararajan
dglsundar21579@gmail.com
`1003194753284600161`

1003194753284600161
Yes
PSNA College of engineering Dindigu, Silvarpatti, Indial
PSNA College of engineering Dindigu, Silvarpatti, Indial
R
Uthayakumar
R
Uthayakumar
uthayagri@gmail.com
`1003194753284600162`

1003194753284600162
No
Department of Mathematics, Gandhigram Rural Institute, Deemed University, Gandhigram, Tamilnadu, India
Department of Mathematics, Gandhigram Rural Institute, Deemed University, Gandhigram, Tamilnadu, India