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Journals / Hacettepe Journal of Mathematics and Statistics / 2017 / Cilt: 46 - Sayı: 5

Ordering and transfer policy and variable deterioration for a warehouse model

Biswajit SARKAR
Sharmila SAREN
Pages
985–1014
Publication Date
2022-10-18
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Some numerical examples and graphical representations are given to illustrate the model.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper represents an inventory model for ordering and transferring policy with random, deterioration and several demand patterns.
📊
Key Findings & Data:The number of transfers per order from warehouse to display area and optimal order quantity are determined in this model.
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Conclusion & Impact:Some numerical examples and graphical representations are given to illustrate the model.
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Inventory · probabilistic deterioration · variable demand

Abstract

This paper represents an inventory model for ordering and transferring policy with random, deterioration and several demand patterns. The number of transfers per order from warehouse to display area and optimal order quantity are determined in this model. The random deterioration makes a realistic scenario when the retailer has several products. The model uses dierent demand pattern to check the optimum prot for different situation. The main purpose of this model is to maximize average prot per unit time for retailer. The retailer receives products from supplier and store in a warehouse. These items are transferred through multi-delivery policy with equal lot-size. There are four lemmas to establish the global maximum solution analytically. Some numerical examples and graphical representations are given to illustrate the model.

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Cite This Article

SARKAR, B., SAREN, S. (2022). Ordering and transfer policy and variable deterioration for a warehouse model. Hacettepe Journal of Mathematics and Statistics, Cilt: 46 - Sayı: 5, 985–1014. https://ajindex.com/articles/530022

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