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ISSN 2063-5346
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A BILLABLE TIME PRODUCTION INVENTORY MODEL FOR CRUMBLING COMPONENTS WITH NON-LINEAR ASSESS AND STOCK DEPENDENT EXIGENCY

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R.Saarumathi , Dr.W.Ritha
» doi: 10.31838/ecb/2023.12.s2.531

Abstract

The prime objective of this paper is to assert a production inventory model for crumbling components with NonLinear assess and stock dependent exigency that co-exists with an extraneous production scope. In reality, it is regarded that the production charge may not always be stable on account of massive competition in the marketing environment and the market demand for the product. The contemporary production system is pliant to satisfy the market demand. But the holding cost of the goods may crumble when stored in the warehouse on account of various factors which may lead to the variation in the absolute state of consumption. Hence, the crumbling percentage of components will elevate the product’s life span. The analogous optimization issue will be formulated, solved and validated to attain the productive cessation.

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