Estimation of inventory for deteriorating items with non-linear demand considering discount and without discount policy

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2016-12-29 DOI:10.3329/JNAME.V13I2.23905

M. Mondol, M. F. Uddin, M. S. Hossain

引用次数: 1

Abstract

This paper develops an inventory model for deteriorating items consisting the ordering cost, unit cost, opportunity cost, deterioration cost and shortage co s t. In this inventory model instead of linear demand function nonlinear exponential function of time for deteriorating items with deterioration rate has been considered. The effects of inflation and cash flow are also taken into account under a trade-credit policy of discount and without discount with time. In order to validate the model, numerical examples have been solved by bisection method deploying Matlab. Further, in order to estimate the cash flow the sensitivity of different parameters is considered.

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考虑折扣和不考虑折扣政策的非线性需求劣化物品库存估计

本文建立了由订货成本、单位成本、机会成本、劣化成本和短缺成本组成的劣化物品库存模型，该库存模型考虑了具有劣化率的劣化物品的非线性时间指数函数，而不是线性需求函数。通货膨胀和现金流量的影响也在有折扣和不随时间贴现的贸易信贷政策下考虑。为了验证模型的有效性，利用Matlab软件对数值算例进行了二分法求解。进一步，为了估计现金流量，考虑了不同参数的敏感性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.