Online ISSN: 2515-8260

Keywords : Inventory


ECONOMIC ORDER QUANTITY MODEL FOR SUSTAINABLE INVENTORY CONSIDERING DIFFERENT SOURCES OF ENVIRONMENTAL COST ALONG WITH THE NONENVIRONMENTAL COST

P. Selvi; W. Ritha; J.Merline Vinotha; I.Antonitte Vinoline

European Journal of Molecular & Clinical Medicine, 2020, Volume 7, Issue 9, Pages 3107-3115

Mitigating carbon emission in inventory has become an important issue for companies. Nowadays, companies are looking for solutions to reduce the carbon emission due to carbon policies imposed by various regulatory bodies. Not only for regulations, ISO certification, business competitive and customer satisfaction also encourage organizations to adopt green practices in their supply chain. In this paper, we develop a new sustainable inventory model considering carbon emission function which includes different sources of pollution. A mathematical model is to determine the optimal order quantity and total cost of this system. A numerical example is illustrated to present the proposed model

Ways to ensure the efficiency of the movement of goods and materials in the commodity market

Diyor Kholmamatov; Sherzod Pardaev

European Journal of Molecular & Clinical Medicine, 2020, Volume 7, Issue 2, Pages 626-634

In the context of innovative development of the Uzbek economy, the implementation of deep structural changes and diversification in industry, the development of the processing industry, deep processing of local raw materials and mineral resources are among the top priorities. These priorities require the effective organization of the supply of raw materials, semi-finished products, spare parts and components, equipment, production facilities for production continuity. In meeting the needs of manufacturing enterprises for the means of production depends on the commodity market and how the movement of commodity resources in this market is organized. Therefore, this article examines ways to ensure the efficiency of the movement of commodity resources in the commodity market.

Inflation Based Fuzzy EOQ Model

Seema Saxena; Vikramjeet Singh; Rajesh Kumar Gupta; Pushpinder Singh; Nitin Kumar Mishra

European Journal of Molecular & Clinical Medicine, 2020, Volume 7, Issue 7, Pages 3688-3695

The purpose of filling is to continue the flow of goods through the system. Implementing a tailored compensation policy is an important issue in developing the production ordering model. Inflation effects the Cost values in an inventory system. Financial state of any organization depends largely on the fluctuations in the inflation rate. Based on the above context this document provides a detailed policy of defective items for different cycle times subject to inflation and incorporating the uncertainties prevailing in the environment. The change in the cost parameters over a passage of time is included in the fuzzy sense so as bring the model close to a realistic solution. Insufficiency in the supply of the goods is partially fulfilled. Validation of the results in done through numerical example.