Ordering and transfer policy and variable deterioration for a warehouse model
- Title
- Ordering and transfer policy and variable deterioration for a warehouse model
- Author
- Sarkar, Biswajit
- Keywords
- Inventory; probabilistic deterioration; variable demand; ordering policies
- Issue Date
- 2017-10
- Publisher
- HACETTEPE UNIV
- Citation
- HACETTEPE JOURNAL OF MATHEMATICS AND STATISTICS, v. 46, No. 5, Page. 985-1014
- Abstract
- This paper represents an inventory model for ordering and transferring policy with random, deterioration and several demand patterns. The number of transfers per order from warehouse to display area and optimal order quantity are determined in this model. The random deterioration makes a realistic scenario when the retailer has several products. The model uses different demand pattern to check the optimum profit for different situation. The main purpose of this model is to maximize average profit per unit time for retailer. The retailer receives products from supplier and store in a warehouse. These items are transferred through multi-delivery policy with equal lot-size. There are four lemmas to establish the global maximum solution analytically. Some numerical examples and graphical representations are given to illustrate the model.
- URI
- https://dergipark.org.tr/tr/pub/hujms/issue/38493/446619https://repository.hanyang.ac.kr/handle/20.500.11754/121670
- ISSN
- 1303-5010
- Appears in Collections:
- COLLEGE OF ENGINEERING SCIENCES[E](공학대학) > INDUSTRIAL AND MANAGEMENT ENGINEERING(산업경영공학과) > Articles
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