Open AccessA two-warehouse inventory model with increasing demand and time varying deterioration
Author(s) -
Bimal Kumar Sett,
Biswajit Sarkar,
Adrijit Goswami
Publication year - 2012
Publication title -
scientia iranica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.299
H-Index - 51
eISSN - 2345-3605
pISSN - 1026-3098
DOI - 10.1016/j.scient.2012.10.040
Subject(s) - warehouse , representation (politics) , sensitivity (control systems) , computer science , quadratic growth , operations research , econometrics , mathematical optimization , economics , mathematics , algorithm , engineering , business , marketing , electronic engineering , politics , political science , law
In this paper, an inventory model of two-warehouse is considered with quadratically increasing demand and time varying deterioration. Comparing to the existing literature, the model is derived with finite replenishment rate and unequal length of the cycle time. The associated cost of the system is minimized. A numerical example, the graphical representation and sensitivity analysis are provided to illustrate the model