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Abstract |
A two level storage inventory model is constructed in this article. It is well known that the demand for seasonal products (such as fur coats) increases at the beginning of the season until a certain ...period of time and stabilizes into a fixed amount of time for the rest of the season. To store these extra parts for the buyer arrange additional storage space. This model uses a ramp type demand rate, variable deterioration and shortages are partially backlogged using a variable backordering rate. The entire research is conducted in an inflationary environment. The goal of this model is to reduce the system's total average cost. A numerical assessment and sensitivity analysis are used to verify the suggested model's optimal solution.show more
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