Title :
EPQ model for deteriorating items under customer returns with shortage and partial backlogging
Author :
Sharma, Kamna ; Singh, S.R. ; Singh, Chaman
Author_Institution :
Dept. of Math., Deva Nagri Coll., Meerut, India
Abstract :
We proposed a production model under customer returns for deteriorating items. We adopt a demand function which is price and time dependent. Customer returns is also considered as the function of price as well as the demand. Shortage is partially backlogged. In this paper, we find a profit function in finite time horizon. Finally, a numerical example is solved to illustrate the model.
Keywords :
production control; EPQ model; customer returns; demand function; finite time horizon; partial backlogging; production quantity model; profit function; Computational modeling; Computers; Educational institutions; Mathematical model; Numerical models; Pricing; Production; customer return; deterioration; partial-backlogging; shortage;
Conference_Titel :
Reliability, Infocom Technologies and Optimization (ICRITO) (Trends and Future Directions), 2014 3rd International Conference on
Conference_Location :
Noida
Print_ISBN :
978-1-4799-6895-4
DOI :
10.1109/ICRITO.2014.7014700
