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Phase Wise Supply Chain Model of EOQ with Normal Life Time for Queued Customers: A Computational Approach

Author(s): Sant Sharan Mishra | Prem Prakash Mishra

Journal: American Journal of Operations Research
ISSN 2160-8830

Volume: 02;
Issue: 03;
Start page: 296;
Date: 2012;
Original page

Keywords: Supply Chain | Correlation | Normal Life Time | Dynamic Programming

In this paper, we mainly aim to compute the optimal inventory in the phase wise supply chain for queued customers in the interval of lower and upper bounds with particular life of the items. Important performance measures such as total optimal cost of the system and total expected delivery have also been computed by applying the dynamic programming and Drichlet theorem. Finally, numerical demonstration and sensitivity analysis have also been presented to gain the better perspective of the model.

Tango Rapperswil
Tango Rapperswil

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