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Research ArticleOpen accessIn the keywordsInventory Management Systems with Hazardous Items of Two-Parameter Exponential DistributionAzizul Baten, Anton Abdulbasah KamilProblem statement: An exponentially decaying inventory was first developed by[10]. The certain commodities were observed to shrink with time by a proportion which can be approximated by a negative exponential function of time. Here, the novelty we took into consideration was that a constant hazardous rate followed by the two-parameter exponential distribution. Approach: We studied the inventory system with two-parameter … …Journal of Social Sciences, Vol. 5, Issue 3 · 30 Sep 2009 · 8,297 accessesView PDF Cite

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