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    ARTICLE

    Ordering Cost Depletion in Inventory Policy with Imperfect Products and Backorder Rebate

    Sandeep Kumar1, Teekam Singh1,2, Kamaleldin Abodayeh3, Wasfi Shatanawi3,4,5,*

    CMC-Computers, Materials & Continua, Vol.66, No.3, pp. 2343-2357, 2021, DOI:10.32604/cmc.2021.014224

    Abstract This study presents an inventory model for imperfect products with depletion in ordering costs and constant lead time where the price discount in the backorder is permitted. The imperfect products are refused or modified or if they reached to the customer, returned and thus some extra costs are experienced. Lately some of the researchers explicitly present on the significant association between size of lot and quality imperfection. In practical situations, the unsatisfied demands increase the period of lead time and decrease the backorders. To control customers' problems and losses, the supplier provides a price discount in backorders during shortages. Also,… More >

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