A production model for deteriorating inventory items with production disruptions
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Publication:1958751
Summary: Disruption management has recently become an active area of research. In this study, an extension is made to consider the fact that some products may deteriorate during storage. A production-inventory model for deteriorating items with production disruptions is developed. Then the optimal production and inventory plans are provided, so that the manufacturer can reduce the loss caused by disruptions. Finally, a numerical example is used to illustrate the model.
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Cited in
(14)- A disruption recovery model for a single stage production-inventory system
- Two-level credit financing for noninstantaneous deterioration items in a supply chain with downstream credit-linked demand
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- An inventory model for interrupted multi-stage production
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