EOQ Model with Ramp type Demand for three parameter Weibully Distributed Deterioration and Time Dependent Holding Cost
| Vol-3 | Issue-05 | May 2018 | Published Online: 04 May 2018 PDF ( 343 KB ) | ||
| DOI: https://doi.org/10.5281/zenodo.1252393 | ||
| Author(s) | ||
U B Gothi
1;
Dhwani Pandya
2;
Kirtan Parmar
3
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1Head, Department of Statistics, St. Xavier’s College (Autonomous), Ahmedabad, Gujarat, (India) 2Research Scholar, Dept. of Statistics, St. Xavier’s College (Autonomous), Ahmedabad, Gujarat, (India) 3Assistant Professor, Dept. of Statistics, St. Xavier’s College (Autonomous), Ahmedabad, Gujarat, (India) |
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| Abstract | ||
In this paper, we have dealt with an inventory model with ramp type demand, starting with shortage and three – parameter Weibull distribution deterioration. Shortages are allowed and are completely backlogged. Our objective is to minimize the average total cost. A brief analysis of the costs involved has been carried out. |
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| Keywords | ||
| Deterioration, EOQ model, Ramp type Demand, Shortages | ||
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Statistics
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