An EOQ Model with Carbon Emissions and Inflation for Deteriorating Imperfect Quality Items under Learning Effect

被引:18
|
作者
Alamri, Osama Abdulaziz [1 ]
Jayaswal, Mahesh Kumar [2 ]
Khan, Faizan Ahmad [3 ]
Mittal, Mandeep [4 ]
机构
[1] Univ Tabuk, Dept Stat, Tabuk 71491, Saudi Arabia
[2] Banasthali Vidyapith, Dept Math & Stat, Banasthali 3040222, India
[3] Univ Tabuk, Dept Math, Tabuk 71491, Saudi Arabia
[4] Amity Univ Uttar Pradesh, Amity Inst Appl Sci, Dept Math, Noida 201301, India
关键词
carbon emissions; deterioration; inflation; inspection; learning effects; ECONOMIC ORDERING POLICIES; PRODUCTION QUANTITY MODEL; DEPENDENT DEMAND; INVENTORY MODEL; TIME-VALUE; SHORTAGES; MONEY; PRICE;
D O I
10.3390/su14031365
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
We developed an economic order quantity (EOQ) model with a learning effect and carbon emissions under inflationary conditions and inspection for retailers where the items deteriorate naturally. Finally, the total profit of the retailer is maximized with respect to cycle length. A sensitivity analysis was also performed to understand the robustness of the model. In the sensitivity analysis, we discuss the impact of learning rate, inflation rate, and deterioration rate on lot size and length of the cycle, as well as the retailer's entire profit function. Observations and managerial insights are discussed. The effect of inventory parameters on the total profit is shown in the sensitivity section.
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页数:18
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