%0 Journal Article
%T Production-inventory Management model for a weibull deteriorating item with linear demand and shortages
%A Gobinda Chandra Panda
%A Pravat Kumar Sukla
%J Logforum
%V 9
%N 2
%P 5
%D 2013
%U http://www.logforum.net/pdf/9_2_5_13.pdf
%Z 1734-459X
%K Production, Shortage, Deterioration, Inventory, Demand
%X
Background: Physical decay or deterioration of goods in stock is an important feature of real inventory systems.
Material and methods: In the present paper, we discuss an production inventory model for a Weibull deteriorating item over a finite planning horizon with a linearly time-varying demand rate and a uniform production rate, allowing shortages, which are completely backlogged.
Results and conclusions: A production inventory model is developed for a Weibull deteriorating item over a finite planning horizon with a linear time varying demand, finite production rate and shortages. The optimal number of production cycles that minimizes the average system cost is determined.