Analysis of inventory system with three stages of deterioration

Analysis of inventory system with three stages of deterioration

Article ID

N62IK

, , , , , ,

Analysis of inventory system with three stages of deterioration

Dr. Sobha

K.R.

Thangavelu

Elango

C. and Anbazhagan

DOI

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Abstract

In this article, we consider a continuous review perishable inventory system with instantaneous replenishment policy. The status of perishable item in inventory is assumed to be in any one of the three stages good, average and damaged. The demand process is assumed to be Poisson, replenishment is instantaneous and the deterioration process is prescribed by certain transition probability matrix. Various stationary system performance measures are obtained. The total system maintenance cost rate is calculated and an optimal value of the S is obtained.. The results are illustrated numerically.

Analysis of inventory system with three stages of deterioration

Authors

Dr. Sobha

K.R.

Thangavelu

Elango

C. and Anbazhagan

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How to Cite

sobha vijayakumar. 2012. “. Global Journal of Science Frontier Research – F: Mathematics & Decision GJSFR-F Volume 12 (GJSFR Volume 12 Issue F1): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

GJSFR Volume 12 Issue F1
Pg. 69- 79

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Submission Received January 5, 2012
Accepted February 1, 2012
Published February 11, 2012

Keywords

Inventory control system Optimization Perishable inventory Poisson demand 􀀃 Continuous time Markov chain

Article Matrices

Total Score: 112

Country: India

Subject: Global Journal of Science Frontier Research - F: Mathematics & Decision

Authors: Dr. Sobha, K.R., Thangavelu, P., Elango, C. and Anbazhagan, N (PhD/Dr. count: 1)

View Count (all-time): 113

Total Views (Real + Logic): 5114

Total Downloads (simulated): 2505

Publish Date: 2012 12, Mon

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Total Views: 5114

Total Downloads: 2505

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