Article ID: | iaor19921262 |
Country: | United Kingdom |
Volume: | 42 |
Issue: | 12 |
Start Page Number: | 1117 |
End Page Number: | 1122 |
Publication Date: | Dec 1991 |
Journal: | Journal of the Operational Research Society |
Authors: | Achary K.K., Pakkala T.P.M. |
In this paper an order-level probabilistic inventory model for deteriorating items with two warehouses is developed. It is assumed that the production rate is infinite and shortages are allowed. The rates of deterioration of items in the two warehouses are different. Also, a single-warehouse version for deteriorating items is discussed. This paper also considers a two-warehouse model for non-deteriorating items. An illustrative example offers a comparative study of the optimum cost for varying shortage cost.