Optimal replenishment policies of an EOQ model for non-instantaneous Weibull deteriorating items with ramp-type of demand under shortages

M. Valliathal and R. Uthayakumar

International Journal of Mathematics in Operational Research, 2016, vol. 8, issue 1, 60-86

Abstract: This paper discusses the effects of ramp-type of demand on an EOQ model for non-instantaneous Weibull deteriorating items under time-dependent partial backlogging. Here, we consider a retailer who purchases and sells a single product over an infinite time horizon faces a ramp-type of demand. Shortages are allowed and partially backlogged. The time to the deterioration of the item is distributed as Weibull. Total cost and the optimum number of replenishments are taken here as decision variables. The objective is to obtain the optimal replenishment policies that minimise the total cost. For demonstrating the model numerical samples are explained in the following sections.

Keywords: ameliorating items; shortages; ramp-type demand; partial backlogging; non-instantaneous deteriorating items; optimisation; replenishment policies; EOQ model; economic order quantity; inventory modelling; inventory management. (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.inderscience.com/link.php?id=73279 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmore:v:8:y:2016:i:1:p:60-86

Access Statistics for this article

More articles in International Journal of Mathematics in Operational Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().