Warehouse Inventory Model

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Hartley [55] initially developed this kind of system in that model; they supposed that the carrying cost of rented warehouse was greater than that of own warehouse. Therefore, products of RW were early shifted to OW to meet the demands awaiting the supply level in RW go downs to zero and subsequently products in OW were give permission to released. Sarma [129] investigated a deterministic inventory model with fixed replacement rate. Murdeshwar and Sathe [99] formulated some features of lot size models with two levels of storage space and resulting whole result for most favorable delivery size under fixed construction rates. Sarma [130] developed a model for particular decaying products which was held in reserve in two special storehouses. The…show more content…
[74] formulated a deterministic model with two warehouses services for individual products in stock with linearly increasing demand of time dependent over a fixed finite planning horizon. Yang [166] proposed a two-warehouse inventory model for a single item with constant demand and shortages under inflation. Zhou and Yang [169] developed an idea of two warehouse inventory model with demand function depend on level of stock. Hui [63] modified Yang [166] to incorporate partial backordering shortages under inflationary surroundings and after that compared the two-shop models dependent on the (LCA) least cost approach. Sensitivity investigation with result of different parameter carried out. Dye et al.[38] developed a two shops deterministic model by assuming unit cost of inventory (taking account of carrying cost and deterioration cost) per product in rented warehouse was greater than that in own warehouse. In adding up, deficiencies were permitted with partial backlogging. Hsieh et al. [59] proposed a best ordering strategy two warehouses model by reducing the net current worth of the totality expenditure. Author assumed that different rate of deterioration in the two warehouses under shortages which are complete…show more content…
Ghosh and Chakrabarty [41] proposed inventory model with two storage facilities by assuming the same rate of deterioration of products for decaying products for time dependent demand pattern. Author assumed that carrying cost of rented shop is higher than that of carrying cost of own shop. Jaggi and Verma [68] presented an inventory model for decaying products with two level of storage by assuming responsive rate of demand. Author presumed that the products are shifted from rented storehouse to own storehouse under a bulkiness release section and the rates of depreciation or deterioration of the products be dissimilar in the two storehouses. Sana et al [122] developed an inventory mode with nonlinear rising power function of the decrease rate for decomposing products. Author used a Genetic Algorithm method to maximize the profit function which influences the stock and carrying cost, set cost, purchasing cost. Numerical example also carried out. Yadav et al. [164] formulated an ordering two-storehouse policy with stock dependent demand function for decomposing products in fuzzy surroundings. The average profit function optimized by employing the method of genetic algorithm (GA). Kumar et al. [83] formulated a two storehouse model

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