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