Formulating an Economic Order Quantity Model for Items with Variable Rate of Deterioration and Two-Component Demand

被引：2
|
作者：
Singh, Trailokyanath [1 ]
Mallick, Chittaranjan [2 ]
Singh, Rahul Kumar [1 ]
机构：
[1] CV Raman Coll Engn, Dept Math, Bhubaneswar 752054, Odisha, India
[2] Parala Maharaja Engn Coll, Dept Math, Berhampur 761003, Odisha, India
来源：
SOFT COMPUTING FOR PROBLEM SOLVING, SOCPROS 2017, VOL 1 | 2019年 / 816卷
关键词：
Decay; Economic order quantity; Two-component demand; Three-parameter Weibull distribution; POLICY INVENTORY MODEL; LINEAR TREND; EOQ MODEL; REPLENISHMENT; SHORTAGES;
D O I：
10.1007/978-981-13-1592-3_21
中图分类号：
TP18 [人工智能理论];
学科分类号：
081104 ; 0812 ; 0835 ; 1405 ;
摘要：
In this paper, an economic order quantity (EOQ) model to minimize the total cost for deteriorating items has developed by incorporating items with two-component demand rate. Firstly, from starting to a certain period of the cycle, the demand rate is considered as constant, and secondly, the demand rate is assumed as a linear function of time for the last part of the cycle. The distribution for the deterioration rate of each item is considered as a three-parameter Weibull distribution function. A solution procedure is provided to determine the EOQ and the optimum average total cost. Finally, results are analyzed and demonstrated with an illustrative example.
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页码：273 / 282
页数：10
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