An Inventory Model for Items with Two Parameter Weibull Distribution Deterioration and Backlogging  

An Inventory Model for Items with Two Parameter Weibull Distribution Deterioration and Backlogging

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作  者:Nandagopal Rajeswari Thirumalaisamy Vanjikkodi 

机构地区:[1]Sri GVG Visalakshi College for Women, Udumalpet, India

出  处:《American Journal of Operations Research》2012年第2期247-252,共6页美国运筹学期刊(英文)

摘  要:In this paper an inventory model is developed with time dependent power pattern demand and shortages due to deterioration and demand. The deterioration is assumed to follow a two parameter Weibull distribution. Three different cases with complete, partial, no backlogging are considered. The optimal analytical solution of the model is derived. Suitable numerical example has been discussed to understand the problem. Further sensitivity analysis of the decision variables has been done to examine the effect of changes in the values of the parameters on the optimal inventory policy.In this paper an inventory model is developed with time dependent power pattern demand and shortages due to deterioration and demand. The deterioration is assumed to follow a two parameter Weibull distribution. Three different cases with complete, partial, no backlogging are considered. The optimal analytical solution of the model is derived. Suitable numerical example has been discussed to understand the problem. Further sensitivity analysis of the decision variables has been done to examine the effect of changes in the values of the parameters on the optimal inventory policy.

关 键 词:INVENTORY Weibull DETERIORATION Shortages Power DEMAND PARTIAL BACKLOGGING COMPLETE BACKLOGGING 

分 类 号:R73[医药卫生—肿瘤]

 

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