A production lot size inventory model for deteriorating items with time-varying demand

Tai Yue Wang, Long Hui Chen

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

This paper presents a production lot size model for deteriorating items with time-varying demand. The replenishment cycle and deterioration rates are allowed to vary over a finite planning horizon. A solution procedure for this model is developed to provide the optimal replenishment cycle number. Also three numerical examples are solved for different deterioration rates. Finally, a sensitivity analysis is conducted to study the effect of changes in the related parameters on the objective function.

Original languageEnglish
Pages (from-to)745-751
Number of pages7
JournalInternational Journal of Systems Science
Volume32
Issue number6
DOIs
Publication statusPublished - 2001 Jun

All Science Journal Classification (ASJC) codes

  • Control and Systems Engineering
  • Theoretical Computer Science
  • Computer Science Applications

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