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  • 标题:Present Value Formulation of Economic Lot-Size Model for Inventory System with Variable Deteriorating Rate of Items
  • 本地全文:下载
  • 作者:Bhavin J. SHAH ; Nita H. SHAH ; Y.K. SHAH
  • 期刊名称:Economy Informatics
  • 印刷版ISSN:1582-7941
  • 出版年度:2003
  • 卷号:III
  • 期号:3
  • 出版社:INFOREC Association
  • 摘要:The analysis of the deterministic economic order quantity problem for time dependent deterioration of units seeks to minimize the average cost of inventory systems. An alternative numerical analysis is described in this paper to examine the present value of the discounted costs over an infinite horizon. The deterioration rate is a continuou s random variable and follows a two parameter weibull distribution. Also a sensitivity analysis is studied by some numerical illustrations. Comparison of two solutions is also discussed.
  • 关键词:Time dependent deterioration rate; Discounted Cash Flow (DCF); EOQ.
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