Analyzing EOQ Model for Imperfect Items With Time Dependent Demand Under Substitution of Two Products

Chaman Singh Associate Professor, Acharya Narendra Dev College, University of Delhi http://orcid.org/0000-0002-2107-5584
Gurudatt Rao Ambedkar Assistant Professor, Hansraj College, University of Delhi http://orcid.org/0000-0003-4758-0914
Jyoti Kohli Research Scholar, Faculty of Mathematical Sciences, Department of Mathematics, University of Delhi http://orcid.org/0009-0002-0923-9117
Roopesh Tehri Associate Professor, Acharya Narendra Dev College, University of Delhi http://orcid.org/0009-0000-4672-2963

DOI: https://doi.org/10.2298/YJOR230415045S

Abstract

The inventory model is based on the quantity of order and the time at which orders for particular goods are to be placed. In this paper, models with defective items have been discussed and the EOQ approach has been shown. One-way substitution of item is used in case of scarcity of the first item. The demand for the items is based on the Heaviside function. It is noticed that the presence of defective items hampers the demand of the two items differently. To establish the virtue of our model, a numerical example and sensitivity analysis is imparted.

Published

2024-10-15

How to Cite

SINGH, Chaman et al. Analyzing EOQ Model for Imperfect Items With Time Dependent Demand Under Substitution of Two Products. Yugoslav Journal of Operations Research, [S.l.], oct. 2024. ISSN 2334-6043. Available at: <https://yujor.fon.bg.ac.rs/index.php/yujor/article/view/1304>. Date accessed: 21 nov. 2024. doi: https://doi.org/10.2298/YJOR230415045S.

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Online first

Section

Research Articles

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Analyzing EOQ Model for Imperfect Items With Time Dependent Demand Under Substitution of Two Products

Abstract

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