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R. P. Covert and G. C. Philip, “An EOQ Model for Deteriorating Items with Weibull Distributions Deterioration” AIIE Transactions, Vol. 5, No. 4, 1973, pp. 323-332. doi:10.1080/05695557308974918

has been cited by the following article:

• TITLE: An Inventory Model for Items with Two Parameter Weibull Distribution Deterioration and Backlogging

  AUTHORS: Nandagopal Rajeswari, Thirumalaisamy Vanjikkodi

  KEYWORDS: Inventory; Weibull Deterioration; Shortages; Power Demand; Partial Backlogging; Complete Backlogging

  JOURNAL NAME: American Journal of Operations Research, Vol.2 No.2, June 20, 2012

  ABSTRACT: In this paper an inventory model is developed with time dependent power pattern demand and shortages due to deterioration and demand. The deterioration is assumed to follow a two parameter Weibull distribution. Three different cases with complete, partial, no backlogging are considered. The optimal analytical solution of the model is derived. Suitable numerical example has been discussed to understand the problem. Further sensitivity analysis of the decision variables has been done to examine the effect of changes in the values of the parameters on the optimal inventory policy.