An EOQ Model with Ramp type Demand Rate, Weibull Deterioration Rate and Constant Production without Shortage

Author & Affiliation:
S.K. SAHOO
Institute of Mathematics & Application, Andharua, Bhubaneswar - 751003, Orissa (INDIA)
C. K.SAHOO
Institute of Mathematics & Application, Andharua, Bhubaneswar - 751003, Orissa (INDIA)
A. KALAM
Department of Mathematics, Gandhi Institute for Technology, Bhubaneswar -Orissa (INDIA)
Keyword:
Ramp type demand, Weibull deterioration, unit production cost, without shortage, Demand.
Issue Date:
December 2008
Abstract:

In this paper present inventory constant production system for Weibull deteriorating items has been developed with demand rate as a ramp type function of time. The finite production rate is proportional to the demand rate and deterioration rate. The constant production cost of inversely proportional to the demand rate. The model without shortage case in inventory solved here. Sensitivity of the decision variables to changes in the parameter values is examine and affect of these changes on the optimal policy are discussed and numerical examples presented to illustrate the model developed.

Pages:
643-650
ISSN:
2319-8052 (Online) - 2231-3478 (Print)
Source:
DOI:
jusps-B
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Copy the following to cite this article:

S. Sahoo; C. K.sahoo; A. Kalam, "An EOQ Model with Ramp type Demand Rate, Weibull Deterioration Rate and Constant Production without Shortage", Journal of Ultra Scientist of Physical Sciences, Volume 20, Issue 3, Page Number 643-650, 2018

Copy the following to cite this URL:

S. Sahoo; C. K.sahoo; A. Kalam, "An EOQ Model with Ramp type Demand Rate, Weibull Deterioration Rate and Constant Production without Shortage", Journal of Ultra Scientist of Physical Sciences, Volume 20, Issue 3, Page Number 643-650, 2018

Available from: http://www.ultraphysicalsciences.org/paper/1388/

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