Two Warehouse Inventory Model with Stock-Level Dependent Demand Rate and Time Varying Holding Cost under Shortages

被引:0
|
作者
Rajoria, Yogendra Kumar [1 ]
Saini, Seema [1 ]
Singh, S. R. [2 ]
机构
[1] Graph Era Univ Dehradun, Dept Math, Uttarakhand, India
[2] D N Coll Meerut, Dept Math, Meerut, Uttar Pradesh, India
关键词
inventory; variable holding cost; stock dependent demand; two warehouses; shortages; EOQ MODEL;
D O I
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中图分类号
T [工业技术];
学科分类号
08 ;
摘要
The purpose of this article is to evaluate the value of integrating tactical warehouse and inventory decisions. Therefore, a global warehouse and inventory model is presented and solved. We have considered two separate warehouses, one is an own warehouse (OW) of finite dimension and other a rented warehouse (RW), for an infinite planning horizon. Model focuses on stock-level dependent demand rate and a time dependent holding cost. We considered holding cost is an increasing function of time. In addition, we allow for shortages and complete backlogging. A numerical example and sensitivity analysis on some parameters are implemented to illustrate the model
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页数:6
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