UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 2
February-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2302305


Registration ID:
508741

Page Number

d48-d59

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Title

INVENTORY MODEL FOR DETERIORATING ITEMS UNDER TWO PARAMETRIC PARETO TYPE - I DETERIORATION AND PARTIALLY BACKLOGGED SHORTAGES

Abstract

This research paper is based on economic order quantity model for deteriorating items under two parameter pareto type I distribution. In the initial phase of purchase, time to ameliorate following two parameter Weibull distribution is considered. Shortages are allowed to occur and partially backlogged. This model aims in minimising the total cost while finding the optimal time interval and optimal order quantity. The optimal solution of the model is illustrated with numerical example and sensitivity analysis along with graphical representation is done to study the effects of various parameters on the deciding variables and to demonstrate the model.

Key Words

Deterioration; Weibull Distribution; Pareto Type I Distribution; Partially Backlogged Shortages

Cite This Article

"INVENTORY MODEL FOR DETERIORATING ITEMS UNDER TWO PARAMETRIC PARETO TYPE - I DETERIORATION AND PARTIALLY BACKLOGGED SHORTAGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 2, page no.d48-d59, February-2023, Available :http://www.jetir.org/papers/JETIR2302305.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"INVENTORY MODEL FOR DETERIORATING ITEMS UNDER TWO PARAMETRIC PARETO TYPE - I DETERIORATION AND PARTIALLY BACKLOGGED SHORTAGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 2, page no. ppd48-d59, February-2023, Available at : http://www.jetir.org/papers/JETIR2302305.pdf

Publication Details

Published Paper ID: JETIR2302305
Registration ID: 508741
Published In: Volume 10 | Issue 2 | Year February-2023
DOI (Digital Object Identifier):
Page No: d48-d59
Country: Ahmedabad, Gujarat, India .
Area: Science
ISSN Number: 2349-5162
Publisher: IJ Publication


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