An EOQ inventory model with ramp type demand rate for items with weibull distributed deterioration

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Title:	An EOQ inventory model with ramp type demand rate for items with weibull distributed deterioration
Authors:	Wu, Jong-wuu;吳忠武;Lin, C.;Tan, B.;Lee, W.C.
Contributors:	淡江大學統計學系
Date:	1999
Issue Date:	2011-10-23 16:28:21 (UTC+8)
Abstract:	We consider here an EOQ model in which inventory is depleted not only by demand, but also by deterioration at a Weibull distributed rate, assuming the demand rate with a ramp type function of time. The proposed model cannot be solved directly in a closed form, thus the computer software IMSL MATH/LIBRARY [13] has been used to find the optimal reorder time. Finally, three numerical examples and sensitivity analyses are provided to assess the solution procedure.
Relation:	International journal of information ; management sciences (EI) 10, pp.41-51
Appears in Collections:	[Graduate Institute & Department of Statistics] Journal Article

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