38 research outputs found

    An EOQ model with time dependent Weibull deterioration and ramp type demand ,

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    This paper presents an order level inventory system with time dependent Weibull deterioration and ramp type demand rate where production and demand are time dependent. The proposed model of this paper considers economic order quantity under two different cases. The implementation of the proposed model is illustrated using some numerical examples. Sensitivity analysis is performed to show the effect of changes in the parameters on the optimum solution

    Ordering policy for linear deteriorating items for decling demand with permissible delay in payments

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    Abstract This paper deals with the inventory model for deteriorating items in declining market when delay in payments is allowed to the retailer to settle the account against the purchases made by him. Shortages are not allowed in this model. Here we have dealt with two cases, first one for payment within the permissible time and another for payment after the permissible time. Numerical examples are given to illustrate our results. Sensitivity analysis has been carried out to analyze the changes in the optimal solution with respect to deterioration rate of units in inventory and the rate of change of demand

    Two-storage fuzzy inventory model with time dependent demand and holding cost under acceptable delay in payment

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    If we observe a real business market, the demand for items in each cycle is not in the same pattern, that is, for specific business cycle it may increase, stable or decrease (for instance, cool drinks from end stage of the summer to winter; the demand goes on decreasing, and from the end of winter to peak time of summer; the demand goes on increasing). Also, if the supplier permits for delay in payment, retailer wishes to buy more goods, and for which the retailer may need extra storage (in terms of a rented warehouse). Moreover, the retailer has always wished to sell the items before they expire and accordingly order is placed. Mostly the parameters in a real world inventory model are imprecise. Thus, in the proposed study an inventory model having decreasing time dependent demand pattern with variable holding cost for TwoStorage facility under acceptable delay in payment has been developed. Mathematical model of the problem and its solution procedure is discussed for both crisp and fuzzy environment in order to obtain the optimal replenishment time and cost. Also, numerical examples are discussed to validate the study. Finally, sensitivity analysis is also studied to describe the fluctuating scenario of associated parameters

    Soil and Land-Use Change Sustainability in the Northern Great Plains of the USA

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    In the Northern Great Plains (NGP), the combined impacts of land-use and climate variability have the potential to place many soils on the tipping point of sustainability. The objectives of this study were to assess if the conversion of grassland to croplands occurred on fragile landscapes in the North America Northern Great Plains. South Dakota and Nebraska were selected for this study because they are located in a climate transition zone. We visually classified 43,200 and 38,400 points in South Dakota and Nebraska, respectively, from high-resolution imagery in 2006, 2012, and 2014 into five different categories (cropland, grassland, habitat, NonAg, and water). The sustainability risk of the land-use changes was assessed based on the land capability class (LCC) scores at the selected sites. Sites with LCC scores ≤ 4 are considered sustainable for crop production if appropriate management practices are followed. Scores ≥ 6 are not considered suitable for row crop production. From 2006 to 2014, 910,000 and 360,000 ha of land were converted from grassland to cropland in South Dakota and Nebraska, respectively. Approximately 92 and 80% of the grassland conversion to croplands occurred on land suitable for crop production (land capability class, LCC ≤ 4) in South Dakota and Nebraska, respectively

    An EOQ Model for Time Dependent Weibull Deterioration with Linear Demand and Shortages

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    Background. The study of control and maintenance of production inventories of deteriorating items with and without shortages  has grown in its importance recently. The effect of deterioration is very important in many inventory systems. Deterioration is defined as decay or damage such that the item cannot be used for its original purpose. Methods: In this article order level inventory models have been developed for deteriorating items with linear demand and Weibull deterioration.  In developing the model we have assumed that the production rate and the demand rate are time dependent. The unit production cost is inversely proportional to demand. Inventory-production system has two parameters Weibull deterioration.  Results and conclusions:  Two models have been developed considering without shortage cases and with shortage case where the shortages are completely backlogged. The objective of the model is to develop an optimal policy that minimizes the total average cost. Sensitivity analysis has been carried out to show the effect of changes in the parameter on the optimum total average cost. &nbsp

    Optimizing hybrid power systems with compressed air energy storage

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    Concern for the environment necessitates the reduction in use of fossil fuels. A solution is to use more renewable power generation facilities. However, the intermittency of renewable energy makes operational scheduling challenging. An optimization model is developed here to determine the performance of a hydro-thermal-wind-solar hybrid power system with the possibility of integrating a compressed air energy storage system. The hybrid power system is implemented in the IEEE-30 bus system. Real-time operational constraints such as varying renewable power availability and disruptions are considered. The model was solved using the meta-heuristic approaches of differential evolution and modified bacteria foraging algorithm. Results indicate that the modified bacteria foraging algorithm arrived at better solutions, making it possible to achieve lower power loss, higher annual savings and reduced variability in voltage security. The best performance is obtained using a hybrid power system which incorporates the compressed air energy storage. Results indicate that higher renewable energy penetration with proper scheduling strategy can result in improvements in system performance. © 2020 Elsevier Lt
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