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holding cost

A two-storage model for deteriorating items with holding cost under inflation and Genetic Algorithms

A two-storage model for deteriorating items with holding cost under inflation and Genetic Algorithms

... model holding cost varying with respect to ordering cycle length with the objective of minimizing the total inventory cost and Genetic Algorithms ...

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TWO-WAREHOUSE INVENTORY MODEL
WITH TIME DEPENDENT DEMAND AND
VARIABLE HOLDING COST

TWO-WAREHOUSE INVENTORY MODEL WITH TIME DEPENDENT DEMAND AND VARIABLE HOLDING COST

... the cost of procuring goods is higher than the other inventory related cost or demand of items is very high or there are some problems in frequent procurement, management decide to purchase a large amount ...

9

EPQ Policies Considering the Holding Cost of Raw Materials under Conditions of Two Level Trade Credit and Limited Storage Capacity

EPQ Policies Considering the Holding Cost of Raw Materials under Conditions of Two Level Trade Credit and Limited Storage Capacity

... the holding costs of raw materials for determining optimal inventory policies, two-level trade credit and limited ...ordering cost, purchasing costs, holding costs, interest payable, and interest ...

23

An Inventory Model for Solving Two Stage Supply Chain using Fuzzy Costs with Shortage

An Inventory Model for Solving Two Stage Supply Chain using Fuzzy Costs with Shortage

... A. Nagoor Gani and G. Sabarinathan [8] developed fuzzy integrated inventory model to determine the relevant profit maximizing decision variable values. They did not allow shortages which is unrealistic. To suit the real ...

9

Electronic Components Inventory Model for Deterioration Items with Distribution Centre using Genetic Algorithm

Electronic Components Inventory Model for Deterioration Items with Distribution Centre using Genetic Algorithm

... Yadav and Swami (2018) analyzed a integrated supply chain model for deteriorating items with linear stock dependent demand under imprecise and inflationary environment. Yadav and Swami (2018) discuss a partial ...

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Optimal inventory model with single item under various demand conditions

Optimal inventory model with single item under various demand conditions

... 1578 | P a g e unit time is taken as expanding capacity of time spent in storage. In a portion of the stock model, it is expected that the holding cost changes with time. An EOQ model was given by Giri et ...

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Design of Worker Assignment in a Dynamic Cellular Manufacturing System by Meta-heuristic Algorithms

Design of Worker Assignment in a Dynamic Cellular Manufacturing System by Meta-heuristic Algorithms

... This paper presents a non linear programming model for dynamic cellular manufacturing systems with minimization of back order cost and holding cost into the implementation of Particle Swarm ...

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Fuzzy Optimization Technique in EOQ Model Using Nearest Interval Approximation Method

Fuzzy Optimization Technique in EOQ Model Using Nearest Interval Approximation Method

... Up to this stage, we are assuming that the demand, ordering cost, holding cost etc. as real numbers i.e .of fixed value. But in real life business situations all these components are not always ...

8

An EOQ Model for Weibull Deteriorating Items with Linear Demand and Partial Backlogging in Fuzzy Environment

An EOQ Model for Weibull Deteriorating Items with Linear Demand and Partial Backlogging in Fuzzy Environment

... backlogged. Holding cost, deterioration cost, ordering cost, shortage cost and opportunity cost are assumed as a triangular fuzzy ...total cost function in fuzzy ...total ...

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A Novel Continuous KNN Prediction Algorithm to Improve Manufacturing Policies in a VMI Supply Chain

A Novel Continuous KNN Prediction Algorithm to Improve Manufacturing Policies in a VMI Supply Chain

... The holding cost at retailer’s side shall be higher than that of manufacturer’s; (2) The backorder cost per unit product shall be higher than holding cost per unit product; (3) Both ...

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A fuzzy mixture two warehouse inventory
model with Linear Demand

A fuzzy mixture two warehouse inventory model with Linear Demand

... ordering cost and holding cost are represented by fuzzy ...ordering cost by triangular fuzzy number and holding cost by trapezoidal fuzzy number, Yao and Lee (1999) presented a ...

7

Critical Analysis of Implementation of Just-In-Time in an Industry

Critical Analysis of Implementation of Just-In-Time in an Industry

... To help solve the problems of inventory, it is necessary to build mathematical models which describe the inventory situation. Since it is never possible to represent the real world with total accuracy, approximations and ...

14

COORDINATING SUPPLY CHAIN INVENTORIES IN MULTI-ECHELON NETWORKS

COORDINATING SUPPLY CHAIN INVENTORIES IN MULTI-ECHELON NETWORKS

... In the spirit of buyer- supplier cooperation and coordination, Banerjee(2007) developed a model that finds the order quantity that minimizes the total relevant costs for the buyer and the supplier called the joint order ...

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An artificial neural network model for optimization of finished goods inventory   Pages 431-438
		 Download PDF

An artificial neural network model for optimization of finished goods inventory Pages 431-438 Download PDF

... The structure and basic elements for designing artificial neural networks is shown in Fig. 1. For the present study, an ANN model is developed to determine the optimum quantity of finished goods inventory in a fuzzy ...

8

EOQ Model with Partial Backordering for Imperfect Items under the Effect of Inflation and Learning with Selling Price Dependent Demand

EOQ Model with Partial Backordering for Imperfect Items under the Effect of Inflation and Learning with Selling Price Dependent Demand

... screening cost Sc=$0.5/unit, purchase cost c=$25/unit, selling price of good-quality items s=$50/unit, selling price of imperfect-quality items v=$20/unit, ordering cost K=$100/cycle, holding ...

7

Retail-Chain    Multi-Item Optimization: A Mixed Integer Non-Linear (MINL) Heuristic ApproachAuthor(s): Monalisha Pattnaik and Padmabati Gahan

Retail-Chain Multi-Item Optimization: A Mixed Integer Non-Linear (MINL) Heuristic ApproachAuthor(s): Monalisha Pattnaik and Padmabati Gahan

... effort cost and then decreasing and the profit increases slightly with increase in consumption ...in holding cost per unit per unit time, purchasing cost per unit and minor ordering ...

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Determination of Optimal Supply When Demand Is a Sum of Components

Determination of Optimal Supply When Demand Is a Sum of Components

... In inventory control theory, determination of the optimal order size is an important aspect. Similarly there are many situations where the optimal size of the reserve inventory and optimal supply size are to be ...

7

Fuzzy EOQ Model for Time-Deteriorating Items     Using Penalty Cost

Fuzzy EOQ Model for Time-Deteriorating Items Using Penalty Cost

... In this paper, a fuzzy EOQ model for time-deteriorating items using penalty cost is studied. The demand rate, holding cost and set up cost are represented by trapezoidal fuzzy numbers. It has ...

8

Integrated batch production and maintenance scheduling for multiple items processed on a deteriorating machine to minimize total production and maintenance costs with due date constraint   Pages 229-244
		 Download PDF

Integrated batch production and maintenance scheduling for multiple items processed on a deteriorating machine to minimize total production and maintenance costs with due date constraint Pages 229-244 Download PDF

... Some research that integrate batch production scheduling and maintenance scheduling are Lee and Rosenblatt (1987), Wang and Sheu (2001), Tseng (1996), Ben-Daya and Noman (2006), Lin and Hou (2005), Chelbi et al. (2008), ...

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Integrated supply chain model in deteriorating inventory items and waste reduction contemplations through jit with fuzzy approach

Integrated supply chain model in deteriorating inventory items and waste reduction contemplations through jit with fuzzy approach

... total cost. This proposed model is based on the joint total cost of both the vendor and the ...buyer. Holding cost of the vendor, holding cost of the buyer, production ...

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