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A sustainable inventory model for stochastic demand using innovative multi-item production system with reduced failure rate.
Priyanka
Sarla Pareek
Published in:
Int. J. Syst. Assur. Eng. Manag. (2023)
Keyphrases
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production system
multi item
inventory policy
optimal production
lot sizing
stochastic demand
multistage
failure rate
probabilistic model
cost function
special case
production process
single item
lot size
production rate