Dushyantkumar G. Patel

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Economic production quantity (EPQ) inventory model for trended demand has been analyzed with rework facility and stochastic preventive machine time. Due to the complexity of the model, search method is proposed to determine the best optimal solution. A numerical example and sensitivity analysis are carried out to validate the proposed model. From the(More)
The most of the articles available in literature on inventory modeling under two-part trade credit assume that the buyer either pays for all the procured items within a shorter allowable credit period and avails a cash discount or settles the account due for all the purchased items within a long allowable credit period at the regular price. Here, we analyze(More)
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