An EPQ inventory model with Weibull distribution, dynamic time-dependent holding cost under various demand pattern using Maclaurin series approximations

Abstract In this research study we present an advanced adaption of the economic and efficient optimized production model by integrating Weibull-distributed progressive degradation, dynamic holding costs, fluctuating demand, and strong strategies for effectively managing shortages and backlogs. The e...

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Bibliographic Details
Main Authors: Gopal Kumar Gupta, Atma Nand, N. S. Chauhan, Shivanand
Format: Article
Language:English
Published: Springer 2025-02-01
Series:Discover Applied Sciences
Subjects:
Online Access:https://doi.org/10.1007/s42452-024-06423-x
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