Author Login IJIRT Partner Network (IPN) Login

Analytical Study of Deterministic Inventory Model with Consideration of Biquadratic Demand Rate and Weibull Distribution as Deterioration Rate

  • Unique Paper ID: 156693
  • Volume: 9
  • Issue: 4
  • PageNo: 642-651
  • Abstract:
  • This work investigates an inventory model for decomposing items or products with a biquadratic demand over time and uses Weibull distribution as deterioration rate. Shortages are permissible in the model. It also demonstrates that the biquadratic demand function is convex and provides the best solution. The convexity of this model is demonstrated via a three-dimensional graphical representation. To double-check the model, an illustration is made. The ideal solution has been subjected to a sensitivity analysis concerning main parameters, and the results have been presented.
Download article email to a friend

Cite This Article

  • ISSN: 2349-6002
  • Volume: 9
  • Issue: 4
  • PageNo: 642-651

Analytical Study of Deterministic Inventory Model with Consideration of Biquadratic Demand Rate and Weibull Distribution as Deterioration Rate

Related Articles

Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Archive

View More

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry