A DETERMINISTIC INVENTORY MODEL FOR DETERIORATING ITEMS WITH STOCK-DEPENDENT DEMAND RATE

被引:107
作者
PAL, S
GOSWAMI, A
CHAUDHURI, KS
机构
[1] Department of Mathematics, Jadavpur University, Calcutta
关键词
Computational methods - Computer systems - Cost accounting - Deterioration - Durability - Mathematical models - Nonlinear equations - Optimization - Production control - Sensitivity analysis - Subroutines;
D O I
10.1016/0925-5273(93)90043-K
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
A deterministic inventory model is developed by assuming that the demand rate is stock-dependent and the items deteriorate at a constant rate 0. The expression for the average net profit pi over one production run is derived and its optimization with respect to the decision variables Q (initial stock) and T (duration of a production cycle) is carried out. This leads to two highly nonlinear equations which are solved by using a subroutine NEQNF in IMSL (MATH Library) in CYBER 180/480A computer system. The optimal solution so, derived is compared with that for the no-deterioration (theta = 0) case. Sensitivity of the optimal solution to changes in parameter values is examined. Several aspects of the functional form for the demand rate are considered in a separate section. Finally, the salient features of the problem and its solution are discussed in brief
引用
收藏
页码:291 / 299
页数:9
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