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Analysis of Economic Order Quantity Model for Perishable Items Whose Deterioration Starts After Some Fixed Time

Analysis of Economic Order Quantity Model for Perishable Items Whose Deterioration Starts After Some Fixed Time

Singh Sarbjit
Copyright: © 2014 |Volume: 2 |Issue: 2 |Pages: 11
ISSN: 2160-9837|EISSN: 2160-9845|EISBN13: 9781466656123|DOI: 10.4018/ijpmat.2014040101
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MLA

Sarbjit, Singh. "Analysis of Economic Order Quantity Model for Perishable Items Whose Deterioration Starts After Some Fixed Time." IJPMAT vol.2, no.2 2014: pp.1-11. http://doi.org/10.4018/ijpmat.2014040101

APA

Sarbjit, S. (2014). Analysis of Economic Order Quantity Model for Perishable Items Whose Deterioration Starts After Some Fixed Time. International Journal of Productivity Management and Assessment Technologies (IJPMAT), 2(2), 1-11. http://doi.org/10.4018/ijpmat.2014040101

Chicago

Sarbjit, Singh. "Analysis of Economic Order Quantity Model for Perishable Items Whose Deterioration Starts After Some Fixed Time," International Journal of Productivity Management and Assessment Technologies (IJPMAT) 2, no.2: 1-11. http://doi.org/10.4018/ijpmat.2014040101

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Abstract

This paper deals with an optimal replenishment policy for the items having deterministic demand and whose deterioration starts after some fixed time. In earlier studies, it had been assumed that the deterioration of items starts immediately after the procurement, but it's not necessary in most of the cases. For instance, food grains will not start deteriorating immediately after procurement; most of the industrial products also start deteriorating only after some fixed time. Thus, this study removes this unrealistic assumption and considers items whose deterioration starts after some fixed time. The impact of deterioration on cost and how it will impact cycle time has been illustrated in this study. Complete analysis of the proposed model has been done with both optimizing and numerical techniques.

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