Authors :
Sandeep Kumar; R.K. Sharma
Volume/Issue :
Volume 7 - 2022, Issue 2 - February
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3CW4vng
DOI :
https://doi.org/10.5281/zenodo.6372518
Abstract :
We look at a supply chain inventory model
with time-varying holding costs, price and stockdependent demand under a replenishment policy in this
work. Both the length of non-deterioration time and the
rate of deterioration are affected by preservation
technology. We investigate two scenarios in this model:
Shortages occur after or before the non-deterioration
phase. In this paper, we show that for any given price
and preservation investment policies, there exists a
global replenishment policy. A numerical example is
provided to explain the development model. In terms of
important parameters, the optimum solution is also
subjected to a sensitivity analysis.
Keywords :
Time varying holding cost, price/stock dependent demand, replenishment rate, preservation technology, inflation.
We look at a supply chain inventory model
with time-varying holding costs, price and stockdependent demand under a replenishment policy in this
work. Both the length of non-deterioration time and the
rate of deterioration are affected by preservation
technology. We investigate two scenarios in this model:
Shortages occur after or before the non-deterioration
phase. In this paper, we show that for any given price
and preservation investment policies, there exists a
global replenishment policy. A numerical example is
provided to explain the development model. In terms of
important parameters, the optimum solution is also
subjected to a sensitivity analysis.
Keywords :
Time varying holding cost, price/stock dependent demand, replenishment rate, preservation technology, inflation.
