Skip to main content

Table 4 The optimal values of \(Q^{*} ,r^{*}\) and min E (TC) at different values of β

From: Probabilistic multi-item inventory model with varying mixture shortage cost under restrictions

β

Item 1

Item 2

Item 3

\(\lambda_{1}^{*}\)

\(\lambda_{2}^{*}\)

\(Q^{*}\)

\(r^{*}\)

min E (TC1)

\(\lambda_{1}^{*}\)

\(\lambda_{2}^{*}\)

\(Q^{*}\)

\(r^{*}\)

min E (TC2)

\(\lambda_{1}^{*}\)

\(\lambda_{2}^{*}\)

\(Q^{*}\)

\(r^{*}\)

min E (TC3)

0.1

0.02

0.021

3635.43

10,543

39,538

0.001

0.012

3758

1161

36,431

0.14

0.012

3322

9282

159,060

0.2

0.024

0.025

3786.93

10,635

40,586

0.001

0.021

3926

11,699

37,443

0.13

0.18

3430

9323

161,426

0.3

0.025

0.027

3931.32

10,727

41,582

0.002

0.022

4071

11,789

38,400

0.13

0.19

3584

9364

164,554

0.4

0.032

0.034

4083.49

10,819

42,467

0.002

0.027

4210

11,879

39,256

0.13

0.19

3717

9384

166,737

0.5

0.039

0.040

4246

10,888

43,302

0.004

0.042

4404

11,857

39,603

0.12

0.19

3852

9384

168,639

0.6

0.042

0.043

4413.04

10,934

44,124

0.005

0.052

4554

11,992

40,902

0.12

0.19

3990

9384

170,104

0.7

0.043

0.044

4554.17

11,003

44,886

0.008

0.063

4719

12,069

41,634

0.12

0.19

4124

9405

172,461

0.8

0.048

0.046

4730.91

11,026

45,598

0.01

0.068

4881

12,104

42,323

0.12

0.19

4261

9405

174,186

0.9

0.049

0.048

4876.67

11,026

45,865

0.01

0.071

5056

12,149

43,008

0.13

0.19

4455

9364

175,779