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A Two Warehouse Inventory Model with Quadratic Decreasing Demand and Time Dependent Holding Cost

作     者:Vashisth, Vikram Soni, Ramakant Jakhar, Rohit Sihag, Deepshikha Malik, A. K 

作者机构:Department of Computer Science B.K. Birla Institute of Engineering &Technology Pilani Rajasthan India Department of Computer Science EISTI Paris France Department of Mathematics B.K. Birla Institute of Engineering &Technology Pilani Rajasthan India 

出 版 物:《AIP Conference Proceedings》 (美国物理学会会议录)

年 卷 期:2016年第1715卷第1期

页      面:p020066-1-020066-10页

学科分类:07[理学] 0702[理学-物理学] 

主  题:Linear deterioration Linear holding cost Own warehouse and Rent warehouse Quadratic decreasing demand 

摘      要:An inventory model with time dependent deterioration and quadratically decreasing demand rate under the two warehouses system is proposed. In market some constraints such as demand, deteriorating costs and holding costs fluctuate with their true values. So, the constraints are not precise to be fixed. Solving these sorts of uncertainties we assumed in this paper quadratic decreasing demand rate, linear holding costs, linear deteriorations are assumed in the both warehouses. Finally, we determined the optimum inventory cost and optimum inventory level. Numerical example is presented to exemplify the inventory model and shows the sensitivity effects of parameters on the optimal solution. [ABSTRACT FROM AUTHOR]

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