3 articles for “Variable Holding Cost”

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Research ArticleOpen accessIn the keywordsInventory Models with Power Demand and Inventory-Induced Demand with Holding Cost FunctionsRakesh Prakash Tripathi, Sarla Pareek, Manjit KaurIn real life customers are motivated to buy more if there is more availability of product. In this study, we develop inventory model for inventory dependent demand with different holding cost function. Mathematical formulations are discussed for two situations i.e., power demand rate with inventory dependent holding cost functions and inventory-induced demand rate with time and inventory dependent holding cost … …American Journal of Applied Sciences, Vol. 14, Issue 6 · 6 Apr 2017 · 7,542 accessesView PDF Cite

Research ArticleOpen accessIn the keywordsPeriodic Review Probabilistic Multi-Item Inventory System with Zero Lead Time under Constraint and Varying Holding CostNaglaa Hassan El-SodanyProblem statement: This study treats the probabilistic safety stock n-items inventory system having varying holding cost and zero lead-time subject to linear constraint. Approach: The expected total cost is composed of three components: the average purchase cost; the expected order cost and the expected holding cost. Results: The policy variables for this model are the number of periods N*r and … …Journal of Mathematics and Statistics, Vol. 7, Issue 1 · 29 Jan 2011 · 7,524 accessesView PDF Cite

Research ArticleOpen accessIn the abstractConstrained Probabilistic Economic Order Quantity Model under Varying Order Cost and Zero Lead Time Via Geometric ProgrammingKotb Abd-El-Hamid Mahmoud Kotb, Huda Mohamed Hamid Al-ShanbariProblem statement: In this study, we provide a simple method to determine the inventory policy of probabilistic single-item Economic Order Quantity (EOQ) model, that has varying order cost and zero lead time. The model is restricted to the expected holding cost and the expected available limited storage space. Approach: The annual expected total cost is composed of three components (expected … …Journal of Mathematics and Statistics, Vol. 7, Issue 4 · 3 Nov 2011 · 7,612 accessesView PDF Cite