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dc.contributor.authorMishra, Vinod Kumar
dc.identifier.citationMishra, Vinod Kumar. An inventory model of instantaneous deteriorating items with controllable deterioration rate for time dependent demand and holding cost. "Journal of Industrial Engineering and Management", Juliol 2013, vol. 6, núm. 2, p. 495-506.
dc.description.abstractPurpose: The purpose of this paper to develop an inventory model for instantaneous deteriorating items with the consideration of the facts that the deterioration rate can be controlled by using the preservation technology (PT) and the holding cost & demand rate both are linear function of time which was treated as constant in most of the deteriorating inventory model. Design/methodology/approach: Developed the mathematical equation of deterministic deteriorating inventory model in which demand rate and holding cost both is linear function of time, deterioration rate is constant, backlogging rate is variable and depend on the length of the next replenishment, shortages are allowed and partially backlogged and obtain an analytical solution which optimizes the total cost of the proposed inventory model. Findings: The model can be applied for optimizing the total inventory cost of deteriorating items inventory for such business enterprises where they use the preservation technology to control the deterioration rate under other assumptions of the model. Originality/value: The inventory system for deteriorating items has been an object of study for a long time, but little is known about the effect of investing in reducing the rate of product deterioration and their significant impact in the business. The proposed model is effective as well as efficient for the business organization that uses the preservation technology to reduce the deterioration rate of the instantaneous deteriorating items of the inventory.
dc.format.extent12 p.
dc.publisherSchool of Industrial and Aeronautic Engineering of Terrassa (ETSEIAT). Universitat Politècnica de Catalunya (UPC)
dc.rightsAttribution-NonCommercial 3.0 Spain
dc.subjectÀrees temàtiques de la UPC::Economia i organització d'empreses::Direcció d'operacions::Modelització de transports i logística
dc.subject.otherDeteriorating items, shortages
dc.subject.otherControllable deterioration rate
dc.subject.otherPartial backlogging
dc.subject.otherPreservation technology
dc.subject.otherTime dependent holding cost.
dc.titleAn inventory model of instantaneous deteriorating items with controllable deterioration rate for time dependent demand and holding cost
dc.description.peerreviewedPeer Reviewed
dc.rights.accessOpen Access
upcommons.citation.authorMishra, Vinod Kumar
upcommons.citation.publicationNameJournal of Industrial Engineering and Management
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