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Inventory model for non-instantaneous deteriorating item with random pre-deterioration period

Author

Listed:
  • Manisha Pal
  • Anwesha Samanta

Abstract

The paper studies an inventory model for non-instantaneous deteriorating item where the deterioration of the item is initiated at a random time point. It is assumed that no shortages are allowed and demand occurs uniformly but at different rates during pre- and post-deterioration periods. The optimum order quantity and reorder intervals are determined so as to minimise the total expected cost per unit length of an inventory cycle. Numerical examples are cited and a sensitivity analysis is carried out to study the effect of model parameters on the optimum policy.

Suggested Citation

  • Manisha Pal & Anwesha Samanta, 2018. "Inventory model for non-instantaneous deteriorating item with random pre-deterioration period," International Journal of Inventory Research, Inderscience Enterprises Ltd, vol. 5(1), pages 3-12.
    • Handle: RePEc:ids:ijires:v:5:y:2018:i:1:p:3-12
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    Citations

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    Cited by:

    1. Longfei He & Han Gao & Xiao Zhang & Qinpeng Wang & Chenglin Hu, 2018. "Optimal Replenishment for Perishable Products with Inventory-Dependent Demand and Backlogging under Continuous and Discrete Progressive Payments," Sustainability, MDPI, vol. 10(10), pages 1-22, October.
    2. Hardik N. Soni & Dipali N. Suthar, 2020. "Optimal pricing and replenishment policy for non-instantaneous deteriorating items with varying rate of demand and partial backlogging," OPSEARCH, Springer;Operational Research Society of India, vol. 57(3), pages 986-1021, September.

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