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ISSN 1895-2038, e-ISSN:1734-459X

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Issue 2/ 2013, article 5

Gobinda Chandra Panda, Pravat Kumar Sukla

PRODUCTION-INVENTORY MANAGEMENT MODEL FOR A WEIBULL DETERIORATING ITEM WITH LINEAR DEMAND AND SHORTAGES

Abstract:

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.

Keywords: Production, Shortage, Deterioration, Inventory, Demand

Full text available in in english in format: Adobe Acrobat pdf article nr 5 - pdf

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For citation:

MLA Panda, Gobinda Chandra, and Pravat Kumar Sukla. "Production-inventory Management model for a weibull deteriorating item with linear demand and shortages." Logforum 9.2 (2013): 5.
APA Gobinda Chandra Panda1, Pravat Kumar Sukla2 (2013). Production-inventory Management model for a weibull deteriorating item with linear demand and shortages. Logforum 9 (2), 5.
ISO 690 PANDA, Gobinda Chandra, SUKLA, Pravat Kumar. Production-inventory Management model for a weibull deteriorating item with linear demand and shortages. Logforum, 2013, 9.2: 5.
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