An EPQ model for non-instantaneous deteriorating item in which holding cost varies with time
DOI:
https://doi.org/10.1285/i20705948v1n1p16Keywords:
EPQ, non-instantaneous deterioration, price discount, time dependent holding costAbstract
It is a production problem of non-instantaneous deteriorating item in which production and demand rate are constant. The holding cost varies with time. Completely deteriorated units are discarded. Partially deteriorated items are allowed to carry discount, no shortage is allowed. The optimal cycle time is derived and the result is applied to numerical problems.Downloads
Published
20-12-2008
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Original Paper
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