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150877

Probabilistic Inventory Model with Lead Time Equals Single Scheduling Period and Varying Deteriorating Cost under Constraint

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Mathematics

Abstract

In this paper inventory model of declining goods with ambiguous and imprecise details about available storage has been established. Here, our targets are: 1- the optimal scheduling period, 2- the optimal order-level, 3- minimize the wastage cost due to the deterioration, 4- minimize the expected average total cost under a restriction on the expected average varying deteriorating cost by using the Lagrange method. This model, is developed for continuously deterioration rate is constant or follows a two-parameter Weibull distribution with varying and constrained expected deteriorating cost, Where the lead time is only one period of time, without shortage and when demand is a random variable during any scheduling time. These probabilistic models are studied in two cases: crisp numbers and trapezoidal fuzzy numbers. Some special cases are deduced. There is a numerical illustration to illustrate the proposed model in the crisp case and the fuzzy case and the sensitivity analysis is performed.

DOI

10.21608/absb.2020.41932.1083

Keywords

deterioration, Probabilistic demand rate, Scheduling period, Varying cost, Weibull distribution

Authors

First Name

Hoda

Last Name

Abdeldaim

MiddleName

-

Affiliation

Mathematics Department, Faculty of Science, Al-Azhar University (Girls campus).

Email

hodaabdeldaim.59@azhar.edu.eg

City

-

Orcid

-

First Name

Hala

Last Name

Fergany

MiddleName

-

Affiliation

Statistic Department, Faculty of Science, King Abdulaziz University, Jeddah, Saudi Arabia , Mathematics Department, Faculty of Science, Tanta University.

Email

halafergany@yahoo.com

City

-

Orcid

-

First Name

Azza

Last Name

Omar

MiddleName

-

Affiliation

Mathematics Department, Faculty of Science, Al-Azhar University (Girls campus).

Email

azza.omar@azhar.edu.eg

City

-

Orcid

-

First Name

Yasmien

Last Name

Morsy

MiddleName

-

Affiliation

Mathematics Department, Faculty of Science, Al-Azhar University (Girls campus).

Email

yasmien.morsy@yahoo.com

City

-

Orcid

-

Volume

31

Article Issue

Issue 2-B

Related Issue

22243

Issue Date

2020-12-01

Receive Date

2020-07-06

Publish Date

2020-12-01

Page Start

1

Page End

15

Print ISSN

1110-2535

Online ISSN

2636-3305

Link

https://absb.journals.ekb.eg/article_150877.html

Detail API

https://absb.journals.ekb.eg/service?article_code=150877

Order

1

Type

Original Article

Type Code

520

Publication Type

Journal

Publication Title

Al-Azhar Bulletin of Science

Publication Link

https://absb.journals.ekb.eg/

MainTitle

Probabilistic Inventory Model with Lead Time Equals Single Scheduling Period and Varying Deteriorating Cost under Constraint

Details

Type

Article

Created At

22 Jan 2023