AN ECONOMIC ORDER QUANTITY MODEL FOR AMELIORATING ITEMS WITH QUADRATIC DEMAND
DOI:
https://doi.org/10.33003/fjs-2025-0902-3303Keywords:
Economic Order Quantity, Amelioration, Quadratic DemandAbstract
It is evidently recognized that in a real life, the volume of stocked items has motivational effect on customers. Stores with large amount of displayed items attract buyers more than stores with scanty items. The EOQ model for Quadratic Demand items that undergo amelioration stage was developed. The poultry, fishery, and so on, where the stocked item increases in weight and/or value within a shortest period of time. The model determines the best cycle length so as to minimize the overall cost. Numerical examples are given to illustrate the model and a sensitivity analysis carried out to see the effect of changes to some model parameters on the decision variables.
References
Abbasi, R., Hamid Reza Sedaghati, H. R. and Shafiei, S. (2022) Proposing an Economic Order Quantity (EOQ) model for Imperfect Quality Growing Goods with Stochastic Demand. Journal of Production and Operations Management 13(28), http://dx.doi.org/10.22108/jpom.2022.127914.1356
Begum, R., Sahu, S. K. and Sahoo, R. R. (2012), An Inventory Model for Deteriorating Items with Quadratic Demand and Partial Backlogging, British Journal of Applied Science & Technology, 2(2): 112-131
Crdenas-Barrn L.E., Shaikh A.A., Tiwari S., TrevioGarza G., (2020), An EOQ inventory model with nonlinear stock dependent holding cost, nonlinear stock dependent demand and trade credit, Computers and Industrial Engineering, 139, https://doi.org/10.1016/j.cie.2018.12.004
Gwanda Y. I. and Sani B., (2012), An economic order quantity model for Ameliorating Items with Linear Trend in demand, The Journal of Mathematical Association of Nigeria, ABACUS, 39 (2), 216-226.
Gwanda Y. I., Sani B., (2011), An Economic Order Quantity model For Ameliorating items with Constant demand, The journal of Mathematical Association of Nigeria, ABACUS, 38(2), 161-168
Gwanda, Y. I., Abubakar, U. M. and Idris, F. A. (2023), An EOQ Model for items that are both Ameliorating and Deteriorating with Linear Inventory level Dependent Demand FUDMA Journal of Sciences (FJS) 7(1): 5-11
Gwanda, Y. I., Zubairu, M. R. and Lawan, M. A. (2019a), An Economic Order Quantity model for Ameliorating Items Followed by Non-Instantaneous Deterioration with Variable Demand. Wudil Journal of Pure and Applied Sciences 1(1): 162 173
Gwanda, Y. I., Zubairu, M. R. and Lawan, M. A. (2019b), An Economic Order Quantity model for Non-Instantaneously Ameliorating Agricultural Products with Variable Demand. Wudil Journal of Pure and Applied Sciences 1(2): 190 198
Jaber, M.Y., Zanoni, S. and Zavanella, L. E. (2013), Economic Order Quantity models for Imperfect Items with Buy and Repair Options, International Journal of Production Economics, http://dx.doi.org/10.1016/j.ijpe.2013.10.014
Khanra, S., Sana, S., Chaudhuri, K.S. (2010). An EOQ model for perishable item with stock and price dependent demand rate. International Journal of Mathematics in Operational Research, 2, 320-335.
Okwabi E. A. (2014), Application of Economic Order Quantity with Quantity Discount Model. A case study of West African Examination Council: A Thesis submitted to the Department of Mathematics, Kwame Nkruma University of Science and technology, Kumasi, Ghana.
Sana, S., Chaudhuri, K.S. (2004). On a volume flexible production policy for a deteriorating item with time-dependent demand and shortages. Advanced Modeling and Optimization, 6(1), 57-74
Zhang S. Cao L. and Lu Z., (2022), An EOQ inventory model for deteriorating items with controllable deterioration rate under stock-dependent demand rate and non-linear holding cost, Journal of Industrial and Management Optimization, 18(6): 4231-4263. https://doi.org/10.3934/jimo.2021156
Begum, R., Sahu, S. K. and Sahoo, R. R. (2012), An Inventory Model for Deteriorating Items with Quadratic Demand and Partial Backlogging, British Journal of Applied Science & Technology, 2(2): 112-131
Crdenas-Barrn L.E., Shaikh A.A., Tiwari S., TrevioGarza G., (2020), An EOQ inventory model with nonlinear stock dependent holding cost, nonlinear stock dependent demand and trade credit, Computers and Industrial Engineering, 139, https://doi.org/10.1016/j.cie.2018.12.004
Gwanda Y. I. and Sani B., (2012), An economic order quantity model for Ameliorating Items with Linear Trend in demand, The Journal of Mathematical Association of Nigeria, ABACUS, 39 (2), 216-226.
Gwanda Y. I., Sani B., (2011), An Economic Order Quantity model For Ameliorating items with Constant demand, The journal of Mathematical Association of Nigeria, ABACUS, 38(2), 161-168
Gwanda, Y. I., Abubakar, U. M. and Idris, F. A. (2023), An EOQ Model for items that are both Ameliorating and Deteriorating with Linear Inventory level Dependent Demand FUDMA Journal of Sciences (FJS) 7(1): 5-11
Gwanda, Y. I., Zubairu, M. R. and Lawan, M. A. (2019a), An Economic Order Quantity model for Ameliorating Items Followed by Non-Instantaneous Deterioration with Variable Demand. Wudil Journal of Pure and Applied Sciences 1(1): 162 173
Gwanda, Y. I., Zubairu, M. R. and Lawan, M. A. (2019b), An Economic Order Quantity model for Non-Instantaneously Ameliorating Agricultural Products with Variable Demand. Wudil Journal of Pure and Applied Sciences 1(2): 190 198
Jaber, M.Y., Zanoni, S. and Zavanella, L. E. (2013), Economic Order Quantity models for Imperfect Items with Buy and Repair Options, International Journal of Production Economics, http://dx.doi.org/10.1016/j.ijpe.2013.10.014
Khanra, S., Sana, S., Chaudhuri, K.S. (2010). An EOQ model for perishable item with stock and price dependent demand rate. International Journal of Mathematics in Operational Research, 2, 320-335.
Okwabi E. A. (2014), Application of Economic Order Quantity with Quantity Discount Model. A case study of West African Examination Council: A Thesis submitted to the Department of Mathematics, Kwame Nkruma University of Science and technology, Kumasi, Ghana.
Sana, S., Chaudhuri, K.S. (2004). On a volume flexible production policy for a deteriorating item with time-dependent demand and shortages. Advanced Modeling and Optimization, 6(1), 57-74
Zhang S. Cao L. and Lu Z., (2022), An EOQ inventory model for deteriorating items with controllable deterioration rate under stock-dependent demand rate and non-linear holding cost, Journal of Industrial and Management Optimization, 18(6): 4231-4263. https://doi.org/10.3934/jimo.2021156
Published
2025-04-18
How to Cite
Mamuda, M. A., Ali, U. A., Usman, A. U., & Musa, J. Y. (2025). AN ECONOMIC ORDER QUANTITY MODEL FOR AMELIORATING ITEMS WITH QUADRATIC DEMAND. FUDMA JOURNAL OF SCIENCES, 9(2), 323 - 327. https://doi.org/10.33003/fjs-2025-0902-3303
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Section
Research Articles
FUDMA Journal of Sciences
