Two inventory systems with trapezoidal-type demand rate and time-dependent deterioration and backlogging

作者:

Highlights:

• Two inventory-shortage systems with trapezoidal type demand rates are presented.

• Both deterioration and backlogging rates are generalized and time-varying.

• Optimal values for decision variables for both systems are determined.

• Many existing inventory models follow as special cases of the present model.

• Comparisons between two distinct systems and managerial insights are provided.

摘要

•Two inventory-shortage systems with trapezoidal type demand rates are presented.•Both deterioration and backlogging rates are generalized and time-varying.•Optimal values for decision variables for both systems are determined.•Many existing inventory models follow as special cases of the present model.•Comparisons between two distinct systems and managerial insights are provided.

论文关键词:Trapezoidal demand,Partial backlogging,Time-varying deterioration,Discounted cash flow

论文评审过程:Received 8 February 2015, Revised 30 October 2015, Accepted 31 October 2015, Available online 6 November 2015, Version of Record 18 November 2015.

论文官网地址:https://doi.org/10.1016/j.eswa.2015.10.048