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• W1964726414 startingPage "012017" @default.
• W1964726414 abstract "The article analyzes economic order quantity for the retailer who has to handle imperfect quality of the product and the units are subject to deteriorate at a constant rate. To control deterioration of the units in inventory, the retailer has to deploy advanced preservation technology. Another challenge for the retailer is to have perfect quality product. This requires mandatory inspection during the production process. This model is developed with the condition of random fraction of defective items. It is assumed that after inspection, the screened defective items are sold at a discounted rate instantly. Demand is considered to be price-sensitive stock-dependent. The model is incorporating effect of inflation which is critical factor globally. The objective is to maximize profit of the retailer with respect to preservation technology investment, order quantity and cycle time. The numerical example is given to validate the proposed model. Sensitivity analysis is carried out to work out managerial issues." @default.
• W1964726414 created "2016-06-24" @default.
• W1964726414 creator A5005838769 @default.
• W1964726414 creator A5011612811 @default.
• W1964726414 date "2014-04-04" @default.
• W1964726414 modified "2023-09-23" @default.
• W1964726414 title "Optimal Cycle Time and Preservation Technology Investment for Deteriorating Items with Price-sensitive Stock-dependent Demand Under Inflation" @default.
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• W1964726414 doi "https://doi.org/10.1088/1742-6596/495/1/012017" @default.
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