An Inventory Model with Time Dependent Demand, Weibull Deterioration along with Partial Backlogging

The Present Model is developed by assuming Demand Rate as Time Dependent along with Deterioration Rate as Weibull Distributed. Shortages are assumed with Partial Backlogging. Sensitivity Analysis of the Model is also done by taking a relevant Numerical, with the use of Mathematical Software Mathemat...

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Bibliographic Details
Published in2023 2nd International Conference on Computational Modelling, Simulation and Optimization (ICCMSO) pp. 95 - 98
Main Authors Shelly, Kumar, Rajender
Format Conference Proceeding
LanguageEnglish
Published IEEE 23.06.2023
Subjects
Analytical models
Backlogging
Computational modeling
Costs
Demand
Deterioration
Inventory management
Mathematical models
Sensitivity analysis
Shortages
Software
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Summary:The Present Model is developed by assuming Demand Rate as Time Dependent along with Deterioration Rate as Weibull Distributed. Shortages are assumed with Partial Backlogging. Sensitivity Analysis of the Model is also done by taking a relevant Numerical, with the use of Mathematical Software Mathematica and/or MaTLaB.
DOI:10.1109/ICCMSO59960.2023.00029