Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution

Ajay Singh Yadav; Navyata; Navin Ahlawat; Tripti Pandey

Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution

November 2019

Vol-5, Issue-6

Paper ID: 11103

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Applied Mathematics

Keywords

Inventory model Deterioration rate Ramp type demand Inflation DE algorithm & Probabilistic tools.

Abstract

Hazardous Substance Storage inventory model is developed for decaying items with ramp type demand and the effects of inflation using Differential Evolution. The Hazardous Substance Storage has unlimited capacity. Here, we assumed that the inventory holding cost in Hazardous Substance Storage is higher. Shortages in inventory are allowed and partially backlogged and it is assumed that the inventory deteriorates over time at a variable deterioration rate. Cost minimization technique is used to get the expressions for total cost using Differential Evolution and numerical example is also used to study the behavior of the model.

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Author Information

#	Name	Institute / Affiliation
1	Ajay Singh Yadav	SRM Institute of Science and Technology, Delhi-NCR Campus Ghaziabad, Uttar Pradesh, India
2	Navyata	Mewar University, Chittorgarh, Rajasthan.
3	Navin Ahlawat	SRM Institute of Science and Technology, Delhi-NCR Campus Ghaziabad, Uttar Pradesh, India
4	Tripti Pandey	SRM Institute of Science and Technology, Delhi-NCR Campus Ghaziabad, Uttar Pradesh, India

How to Cite

Use the following formats to cite this article in your research.

APA Style

Yadav, Ajay Singh, Navyata, Ahlawat, Navin, & Pandey, Tripti (2019). Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution. International Journal of Advance Research and Innovative Ideas In Education, 5(6), 1113-1122.

MLA Style

Yadav, Ajay Singh, et al. "Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution." International Journal of Advance Research and Innovative Ideas In Education, vol. 5, no. 6, 2019, pp. 1113-1122.

IEEE Style

Ajay Singh Yadav, Navyata, Navin Ahlawat, and Tripti Pandey, "Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution," International Journal of Advance Research and Innovative Ideas In Education, vol. 5, no. 6, pp. 1113-1122, 2019.

Vancouver Style

Yadav Ajay Singh, Navyata, Ahlawat Navin, Pandey Tripti. Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution. International Journal of Advance Research and Innovative Ideas In Education. 2019;5(6):1113-1122.

Harvard Style

Yadav, Ajay Singh, Navyata, Ahlawat, Navin, & Pandey, Tripti (2019) 'Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution', International Journal of Advance Research and Innovative Ideas In Education, 5(6), pp. 1113-1122.

Chicago Style

Yadav, Ajay Singh, et al. "Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution." International Journal of Advance Research and Innovative Ideas In Education 5, no. 6 (2019): 1113-1122.

Turabian Style

Yadav, Ajay Singh, et al. "Hazardous Substance Storage Inventory Model for decaying Items using Differential Evolution." International Journal of Advance Research and Innovative Ideas In Education 5, no. 6 (2019): 1113-1122.