6 results for “varying holding cost”

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Research ArticleOpen accessPhrase in the titlePeriodic 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 accessPhrase in the titleConstrained Single Period Stochastic Uniform Inventory Model With Continuous Distributions of Demand and Varying Holding CostHala A. Fergany, M. E. El-SaadaniThis paper derives the single period stochastic inventory model with continuous distributions of demand and the holding unit cost is a function of the purchased (ordered) quantity. The objective is to find the optimal purchased quantity which minimizes the expected total cost for the period under a restriction on the expected varying holding cost when the demand during the period … …Journal of Mathematics and Statistics, Vol. 2, Issue 1 · 31 Mar 2006 · 7,156 accessesView PDF Cite

Research ArticleOpen accessIn the keywordsConstrained 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

Research ArticleOpen accessIn the abstractPolicy Decisions for a Price Dependent Demand Rate Inventory Model with Progressive Payments SchemeMukesh Kumar, Rajat KumarProblem statement: In this proposed research, we developed an inventory model to formulate an optimal ordering policies for supplier who offers progressive permissible delay periods to the retailer to settle his/her account. We assumed that the annual demand rate as a decreasing function of price with constant rate of deterioration and time-varying holding cost. Shortages in inventory are allowed which … …Journal of Mathematics and Statistics, Vol. 8, Issue 1 · 17 Feb 2012 · 7,048 accessesView PDF Cite

Research ArticleOpen accessIn the abstractPeriodic Review Probabilistic Multi-Item Inventory System with Zero Lead Time under Constraints and Varying Order CostHala A. FerganyThis study treats the probabilistic safety stock n-items inventory system having varying order cost and zero lead-time subject to two linear constraints. The expected total cost is composed of three components: the average purchase cost; the expected order cost and the expected holding cost. The policy variables in this model are the number of periods Nr* and the optimal maximum … …American Journal of Applied Sciences, Vol. 2, Issue 8 · 31 Aug 2005 · 7,631 accessesView PDF Cite

Research ArticleOpen accessAll words, across the recordConstrained Probabilistic Lost Sales Inventory System with Normal Distribution and Varying Order CostHala, A. Fergany, Mona, F. EL-WakeelThis study derives the probabilistic lost sales inventory system when the order cost is a function of the order quantity. Our objective is to minimize the expected annual total cost under a restriction on the expected annual holding cost when the lead-time demand follows the normal distribution by using the Lagrangian method. Then a published special case is deduced and … …Journal of Mathematics and Statistics, Vol. 2, Issue 1 · 31 Mar 2006 · 7,195 accessesView PDF Cite