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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/20708

    Title: An EOQ inventory model for items with Weibull deterioration, shortages and time varying demand
    Authors: 吳忠武;Wu, Jong-wuu;Lee, Wen-chuan
    Contributors: 淡江大學統計學系
    Keywords: EOQ model;inventory;deterioration;shortage;Weibull distribution;time-varying demand;service level;replenishment cycle time
    Date: 2003-01-01
    Issue Date: 2009-11-30 12:57:17 (UTC+8)
    Publisher: Analytic Publishing Co
    Abstract: An inventory model is considered in which inventory is depleted not only by demand, but also by deterioration. Hence, in this paper, we derive the EOQ model for inventory of items that deteriorates at a Weibull distributed rate, assuming the demand rate with a continuous function of time. Moreover, the proposed model cannot be solved directly in a closed form, thus we used the computer software IMSL MATH/LIBRARY (1989) to find the optimal service level and the optimal replenishment cycle time. Further, we also verify that the sufficient conditions of optimality of the service level and the replenishment cycle time are satisfied under certain conditions. Finally, three numerical examples and sensitivity analyses are provided to assess the solution procedure.
    Relation: Journal of information & optimization sciences 24(1), pp.103-122
    DOI: 10.1080/02522667.2003.10699558
    Appears in Collections:[統計學系暨研究所] 期刊論文

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