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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.
sobha vijayakumar, Thangavelu, P., Elango. 2012. "Analysis of inventory system with three stages of deterioration". Global Journal of Science Frontier Research, Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 12 (GJSFR Volume 12 Issue F1).
Crossref Journal DOI 10.17406/GJSFR
Print ISSN 0975-5896
e-ISSN 2249-4626
v1.2
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Total Score: 156
Country: India
Subject: Global Journal of Science Frontier Research
Authors: Dr. Sobha, K.R., Thangavelu, P., Elango, C. and Anbazhagan, N (PhD/Dr. count: 1)
View Count (all-time): 283
Total Views (Real + Logic): 1045
Total Downloads (simulated): 95
Publish Date: 2012 02, Sat
Monthly Totals (Real + Logic):
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