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Economic Ordering Policy for Logistic Deterioration with Erlang Demand
Journal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)Publication Date: 2020-06-30
Authors : Abdullah Mohammed Alshami; Aniket Muley;
Page : 12501-12510
Keywords : Economic Order Quantity (EOQ)-Optimal First Runtime-Optimal Erlang Demand & Total Cost Function (TC);
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Abstract
The model included the EOQ, optimal total cost also the optimal Erlang demand the optimal first run time for two cases (k=0,1) under logistic deterioration distributed in shape and scale.The obtainedoptimal first run time for the first case is unique, at the second case there were three solutions, but, only one solution for cubic equation which is satisfied with the optimal condition. The Sensitivity analysis of the proposed model is discussed forwhen .
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Last modified: 2020-10-03 15:48:22