Article ID: | iaor20001316 |
Country: | United States |
Volume: | 23 |
Issue: | 10 |
Start Page Number: | 799 |
End Page Number: | 807 |
Publication Date: | Oct 1999 |
Journal: | Applied Mathematical Modelling |
Authors: | Maiti M., Mandal M. |
Keywords: | deteriorating items |
Items made of glass, ceramics, etc., break/get damaged during the storage due to the accumulated stress of headed stock. For the first time, a deterministic inventory model of such a damagable item is developed with variable replenishment when both demand and damage rates are stock-dependent in polynomial form. Here replenishment rate for the first cycle is partly instantaneous and partly varies with demand. For the next cycle, the variable replenishment is augmented when the inventory level falls to