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- Title
Inventory Systems with an Exponential Deterioration Rate.
- Authors
Yu-Lan Wang; Chin Lin Wen; Ming-Li Chen
- Abstract
The purpose of this paper is to present a complete and simplified solution procedure for the inventory model under trapezoidal type demand, Weibull-distributed deterioration, and partial backlogging. A published paper already provide a solution approach for this kind of inventory models. However, we will show that his approach is too complicated that depending on the partition the domain of a trapezoidal type demand to result in three sub-optimal problems. However, this paper will show that the already exist approach is correct but tedious. Moreover, a generalization of this kind of inventory systems from a trapezoidal type demand to any positive demand under a condition of generalized backlogged rate is also developed by this paper.
- Subjects
INVENTORIES; GENERALIZATION; COMPLETE dentures
- Publication
IAENG International Journal of Applied Mathematics, 2024, Vol 54, Issue 4, p663
- ISSN
1992-9978
- Publication type
Article