Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/1592
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dc.contributor.authorShah, Nitin
dc.contributor.authorShah, Y. K.
dc.date.accessioned2010-03-24T09:35:32Z
dc.date.available2010-03-24T09:35:32Z
dc.date.copyright1992-05
dc.date.issued2010-03-24T09:35:32Z
dc.identifier.urihttp://hdl.handle.net/11718/1592
dc.description.abstractIn this paper a mathematical model of order level lot-size inventory model under permissible delay in payment is considered with two storage facilities. The supplier allows time for settling payments for no interest charges are payable. Here an inventory system under consideration does not have sufficient capacity to store the on-hand inventory in own warehouse after meeting the back-logged demand. In such a case W units are stored in own warehouse an rest in a rented warehouse. This paper an attempt is made to analyses: a) when the system has both warehouse facilities to accommodate the lot-size; b) own warehouse has large capacity to store the on-hand inventory; and c) maximum is stored in own warehouse. The system suggests when to hire rented warehouse for more profitability among the given alternatives. Expressions for optimal order quantity and order level are developed for all the cases with an example.en
dc.language.isoenen
dc.relation.ispartofseriesWP;1992/1029
dc.subjectOrder level lot-size inventory modelen
dc.subjectInventory systemen
dc.subjectElay in payments
dc.titleOrder level lot-size inventory model with permissible delay in payments for a system with two storage facilitiesen
dc.typeWorking Paperen
Appears in Collections:Working Papers

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