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1.025
Q1(Year 2015)
ISSN : 1026-3098
e-ISSN : 2345-3605
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Publication Information : Volume 23 - Number 5 - Successive Number 5
Type : Article
Topics of Paper : Transaction on Industrial Engineering
English Title : Optimal replenishment policy with variable deterioration for fixed lifetime products
English Abstract : This model illustrates an inventory model to obtain the retailers optimal replenishment policy for deteriorating items with fixed lifetime, shortages, and time- dependent backlogging rate. The backlogging rate is considered as non-increasing function of waiting time up to the next replenishment. Our intention is to minimize the total relevant cost of the system. Further, the necessary and sufficient conditions are derived for the existence and uniqueness of the optimal solution. Finally, some numerical examples, sensitivity analysis along with graphical representations are provided to illustrate the proposed model. From the numerical example, we prove more savings than Wu et al. (2006).
English Keywords : Inventory; time-varying deterioration; variable demand; partial backlogging.
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Number Of Pages :
From 2318 to 2329


Authors :
The AuthorAuthor SequenceOrganizationOrganization ( english )AffiliationEmailEducation
Dr. Biswajit Sarkar
(Author)
3Hanyang UniversityHanyang UniversityHanyang Universitybsbiswajitsarkar@gmail.comPh.D.
Mr. Sumon Sarkar 2Vidyasagar UniversityVidyasagar UniversityVidyasagar Universityss.sumonsarkar@gmail.comM.Sc.
Dr. Won Young Yun 4Pusan National UniversityPusan National UniversityPusan National Universitywonyun@pusan.ac.krPh.D.
B. Kumar Sett 1Department of Mathematics, Hooghly Mohsin College, Hooghly, India.Department of Mathematics, Hooghly Mohsin College, Hooghly, India.   
Published Issues
2017
Transactions on Civil Engineering
Transactions on Mechanical Engineering
Transactions on Industrial Engineering
2016
2015
Transactions on Civil Engineering
Transactions on Mechanical Engineering
Transactions on Chemistry and Chemical Engineering
Transactions on Computer Science & Engineering and Electrical Engineering
Transactions on Industrial Engineering
Transactions on Nanotechnology
2014
Transactions on Civil Engineering
Transactions on Mechanical Engineering
Transactions on Chemistry and Chemical Engineering
Transactions on Computer Science & Engineering and Electrical Engineering
Transactions on Industrial Engineering
Transactions on Nanotechnology
2013
Transactions on Civil Engineering
Transactions on Mechanical Engineering
Transactions on Chemistry and Chemical Engineering
Transactions on Computer Science & Engineering and Electrical Engineering
Transactions on Industrial Engineering
Transactions on Nanotechnology

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