Academic Journal

A SHORTAGES MULTI WAREHOUSE HAVING IMPERFACT ITEMS AND DIFFERENT DISCOUNT POLICY.

التفاصيل البيبلوغرافية
العنوان: A SHORTAGES MULTI WAREHOUSE HAVING IMPERFACT ITEMS AND DIFFERENT DISCOUNT POLICY.
المؤلفون: Pal, Krishan1 kp8910@srmist.edu.in, Yadav, Ajay Singh1 ajaysiny@srmist.edu.in, Agarwal, Seema1 seemas@srmist.edu.in
المصدر: Reliability: Theory & Applications. Dec2024, Vol. 19 Issue 4, p611-621. 11p.
مصطلحات موضوعية: *WAREHOUSES, *DISCOUNT prices
مستخلص: A multi-warehouse shortage model has been developed where demand is assumed to be deterministic. In reality, machines run for long periods during production and random failures may occur as the system transitions from a controlled to an uncontrolled state. During this time the production system produces defective products. Demand is assumed to be deterministic. Retailers offer a quantity discount per unit on the selling price of an item and in return receive a quantity- based discount on the purchase price of the item. A retailer has limited storage capacity and therefore requires additional space with unlimited storage capacity. This additional space is called a rented warehouse and its storage cost is higher than accompany- owned warehouse. The objective of this model is to study a multiple inventory model of defective items under quantity- based discounts, where defective items can be sorted and sold in a single batch with decision variables set to the optimal order quantity and optimal inventory and shipment quantity to increase overall profits to maximize the value for the retailer. A solution procedure for determining the optimal solution is presented and a numerical example is given to illustrate this study. A sensitivity analysis is also performed to examine the effect of changing parameter values on the optimal solution. [ABSTRACT FROM AUTHOR]
قاعدة البيانات: Academic Search Index