An Inventory Model with Price and Quality Dependent Demand Where Some Items Produced Are Defective
Author
Source
Advances in Operations Research
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-06-13
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Information Technology and Computer Science
Abstract EN
This paper analyzes an inventory system for joint determination of product quality and selling price where a fraction of items produced are defective.
It is assumed that only a fraction of defective items can be repaired/reworked.
The demand rate depends upon both the quality and the selling price of the product.
The production rate, unit price, and carrying cost depend upon the quality of the items produced.
Quality index is used to determine the quality of the product.
An algorithm is provided to solve the model with given values of model parameters.
Sensitivity analysis has also been performed.
American Psychological Association (APA)
Datta, Tapan Kumar. 2013. An Inventory Model with Price and Quality Dependent Demand Where Some Items Produced Are Defective. Advances in Operations Research،Vol. 2013, no. 2013, pp.1-8.
https://search.emarefa.net/detail/BIM-498736
Modern Language Association (MLA)
Datta, Tapan Kumar. An Inventory Model with Price and Quality Dependent Demand Where Some Items Produced Are Defective. Advances in Operations Research No. 2013 (2013), pp.1-8.
https://search.emarefa.net/detail/BIM-498736
American Medical Association (AMA)
Datta, Tapan Kumar. An Inventory Model with Price and Quality Dependent Demand Where Some Items Produced Are Defective. Advances in Operations Research. 2013. Vol. 2013, no. 2013, pp.1-8.
https://search.emarefa.net/detail/BIM-498736
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-498736
