Analyzing EOQ model for imperfect items with time dependent demand under substitution of two products

The inventory model is based on the quantity of order and the time at which orders for particular goods are to be placed. In this paper, models with defective items have been discussed and the EOQ approach has been shown. One-way substitution of item is used in case of scarcity of the first item. The demand for the items is based on the Heaviside function. It is noticed that the presence of defective items hampers the demand of the two items differently. To establish the virtue of our model, a numerical example and sensitivity analysis is imparted.

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Publication Details

Journal
Yugoslav journal of operations research
Published
2024-10-16
DOI
https://doi.org/10.2298/yjor230415045s
Primary Topic
Supply Chain and Inventory Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Analyzing EOQ model for imperfect items with time dependent demand under substitution of two products

Chaman Singh, Gurudatt Rao Ambedkar, J. K. Kohli, Roopesh Tehri
Yugoslav journal of operations research
Supply Chain and Inventory Management
article

Analyzing EOQ model for imperfect items with time dependent demand under substitution of two products

Chaman Singh, Gurudatt Rao Ambedkar, J. K. Kohli, Roopesh Tehri
article en

Abstract

The inventory model is based on the quantity of order and the time at which orders for particular goods are to be placed. In this paper, models with defective items have been discussed and the EOQ approach has been shown. One-way substitution of item is used in case of scarcity of the first item. The demand for the items is based on the Heaviside function. It is noticed that the presence of defective items hampers the demand of the two items differently. To establish the virtue of our model, a numerical example and sensitivity analysis is imparted.

Yugoslav journal of operations researchVol. 35(3)
University of Delhi (IN)
Openalex Percentile: Top 73%
Supply Chain and Inventory Management
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