RT - Journal Article
T1 - Inventory Model for Deteriorating Items with Four level System and Shortages
JF - ijsom
YR - 2014
JO - ijsom
VO - 1
IS - 2
UR - http://system.khu.ac.ir/ijsom/article-1-2048-en.html
SP - 216
EP - 227
K1 - Inventory
K1 - Constant demand
K1 - Deterioration
K1 - Shortages
K1 - Production
AB - This paper presents an inventory model for deteriorating items in which shortages are allowed. It is assumed that the production rate is proportional to the demand rate and greater than demand rate. The inventory model is developed by considering four different circumstances. The optimal of the problem is obtained with the help of Mathematica 7 software. Numerical examples are given to illustrate the model for different parameters. Sensitivity analysis of the model has been developed to examine the effect of changes in the values of the different parameters for optimal inventory policy. Truncated Taylor’s series is used for finding closed form optimal solution.
LA eng
UL http://system.khu.ac.ir/ijsom/article-1-2048-en.html
M3
ER -