Sanjay Sharma, A. Tyagi, B. B. Verma, Sachin Kumar
In inventory control models where most of the studies are focused on demand, it is obvious that the profit can only be improved by handling the demand of the items according to the fluctuations and pattern of the market ups and downs. In most of the models, demand is taken as time-dependent, price-dependent, and stock-dependent for one complete cycle of the model, which is not realistic in the case of low- life products with a high rate of deterioration like milk products, vegetables. It is also not possible to fix the demand for such items for the entire cycle of the model. In the current study, we have assumed different demands at the different stage of the model which can help to improve the profit as well as to control the deterioration. We have assumed time-dependent demand from the initial to the end of the stock level, after that we have assumed demand as price dependent which is the key of the current study and a better approach for handling low-life items. For low-life items, production is also a very important key parameter as it can directly affect the profit. Therefore, in the current study, we have assumed production of items as demand dependent and deterioration is taken time-dependent, a shortage is allowed under partial backlogging. The model is validated by taking numerical data along with a real example based on the model.
{"title":"An Inventory Control Model for Deteriorating Items Under Demand Dependent Production with Time and Stock Dependent Demand","authors":"Sanjay Sharma, A. Tyagi, B. B. Verma, Sachin Kumar","doi":"10.46970/2021.27.4.2","DOIUrl":"https://doi.org/10.46970/2021.27.4.2","url":null,"abstract":"In inventory control models where most of the studies are focused on demand, it is obvious that the profit can only be improved by handling the demand of the items according to the fluctuations and pattern of the market ups and downs. In most of the models, demand is taken as time-dependent, price-dependent, and stock-dependent for one complete cycle of the model, which is not realistic in the case of low- life products with a high rate of deterioration like milk products, vegetables. It is also not possible to fix the demand for such items for the entire cycle of the model. In the current study, we have assumed different demands at the different stage of the model which can help to improve the profit as well as to control the deterioration. We have assumed time-dependent demand from the initial to the end of the stock level, after that we have assumed demand as price dependent which is the key of the current study and a better approach for handling low-life items. For low-life items, production is also a very important key parameter as it can directly affect the profit. Therefore, in the current study, we have assumed production of items as demand dependent and deterioration is taken time-dependent, a shortage is allowed under partial backlogging. The model is validated by taking numerical data along with a real example based on the model.","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"64 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82784622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Banji Rildwan Olaleye, B. Ali-Momoh, Ahmad M. Herzallah, Nomazwe Sibanda, Aminat Favour Ahmed
{"title":"Dimensional Context of Total Quality Management Practices and Organizational Performance of SMEs in Nigeria: Evidence from Mediating Role of Entrepreneurial Orientation","authors":"Banji Rildwan Olaleye, B. Ali-Momoh, Ahmad M. Herzallah, Nomazwe Sibanda, Aminat Favour Ahmed","doi":"10.46970/2021.27.4.6","DOIUrl":"https://doi.org/10.46970/2021.27.4.6","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"63 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81397967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Indian MSMEs–Review of Dynamic Capabilities with Lean Production","authors":"H. H. Kore, S. Koul, R. Verma","doi":"10.46970/2021.27.4.4","DOIUrl":"https://doi.org/10.46970/2021.27.4.4","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"254 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77088976","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Barriers and Facilitators of B2B Degree of Digital Use in Travel Services Supply-Chain: An integration of Operational and Behavioral perspective","authors":"D. Ghosh","doi":"10.46970/2021.27.4.5","DOIUrl":"https://doi.org/10.46970/2021.27.4.5","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"85 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80989269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of Patient Satisfaction with Hospital Service Quality in the Context of Iranian Health Care Market","authors":"R. Noorossana, Adel Talaei Delshad, M. Nayebpour","doi":"10.46970/2021.27.3.6","DOIUrl":"https://doi.org/10.46970/2021.27.3.6","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"39 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73055472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Ripple Effect in a Supply Chain: A Sudden Demand Increase and with a Sinusoidal Component","authors":"K. Nilakantan","doi":"10.46970/2021.27.3.1","DOIUrl":"https://doi.org/10.46970/2021.27.3.1","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82872679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reducing Response Time of Ambulance Service by Utilizing the Knowledge of Service Location of Ambulance Drivers using Self-Organizing Map","authors":"R. Jha, Manojit Chattopadhyay, Y. Gajpal","doi":"10.46970/2021.27.3.2","DOIUrl":"https://doi.org/10.46970/2021.27.3.2","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"71 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87973287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Knowledge Management Practice on Lean Six Sigma Implementation: The Moderating Role of Human Capital in Health Service Organisations","authors":"Sahoum Aljazzazen, Roland Schmuck","doi":"10.46970/2021.27.3.5","DOIUrl":"https://doi.org/10.46970/2021.27.3.5","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73212372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Employees Performance Evaluation in Defense Ministry of the Republic of Indonesia based on Multicriteria Decision Making (MCDM) and System Dynamic (SD)","authors":"A. Sumarno, M. Setiawan, Siti Aisjah Sunaryo","doi":"10.46970/2021.27.3.4","DOIUrl":"https://doi.org/10.46970/2021.27.3.4","url":null,"abstract":"","PeriodicalId":38488,"journal":{"name":"International Journal of Operations and Quantitative Management","volume":"89 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85637207","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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