An EOQ inventory model with time-varying demand and Weibull deterioration with shortages

Jong Wuu Wu, Chinho Lin, Bertram Tan, Wen Chuan Lee

研究成果: Article同行評審

26 引文 斯高帕斯(Scopus)

摘要

An inventory model is considered in which inventory is depleted not only by demand, but also by deterioration. Hence, in this paper, we derive the EOQ model for inventory of items that deteriorate at a Weibull-distributed rate, assuming the demand rate with a continuous function of time. Moreover, the proposed model cannot be solved directly in a closed form, thus we used the computer software IMSL MATH/LIBRARY (1989) to find the optimal reorder time. Further, we also find that the optimal procedure is independent from the form of the demand rate. Finally, we also assume that the holding cost is a continuous, non-negative and non-decreasing function of time in order to generalize the EOQ model. Moreover, four numerical examples and sensitivity analyses are provided to assess the solution procedure.

原文English
頁(從 - 到)677-683
頁數7
期刊International Journal of Systems Science
31
發行號6
DOIs
出版狀態Published - 2000 六月 1

All Science Journal Classification (ASJC) codes

  • 控制與系統工程
  • 理論電腦科學
  • 電腦科學應用

指紋

深入研究「An EOQ inventory model with time-varying demand and Weibull deterioration with shortages」主題。共同形成了獨特的指紋。

引用此