Economic Production Inventory model with the associated costs of internet advertising to acquire customers residing worldwide

2014 ◽  
Vol 12 (9) ◽  
pp. 3921-3926
Author(s):  
Ritha Prakash ◽  
Nivetha Martin

In recent times, we are witnessing the technological revolution which provides access to tremendous changes in all the fields including the industrial sectors. The notable benefit of the modern technology is quick accomplishment of complex tasks within a short span of time, which has motivated the manufacturers to imbibe novelty techniques in the production process to enhance the quality of the product so as to retain its market position amidst the competitors. As globalization has gained more concern, the manufacturers employ internet advertising strategy to elevate the product to international level and to propagate the attributes of the products to the customers residing worldwide. In this paper an EPQ inventory model is developed in which the associated costs of technology, acquisition of local and international customers via internet advertising costs are included, a numerical example is also presented to validate the model.

2021 ◽  
Vol 33 (4) ◽  
pp. 51-65
Author(s):  
SUSHIL KUMAR ◽  

Production inventory models have an important role in production planning and scheduling. In any economic production quantity (EPQ) model, the production rate is dependent on demand. In this paper we have established a production inventory model for perishable items with partial backlogging and time dependent exponential demand rate. Allowing shortage, it is partially backlogged. The unsatisfied demand is backlogged and it is considered a function of waiting time. The aim of our study is to optimizing the total profit during a given cycle. A numerical example is given in showing the applicability of the developed model.


2020 ◽  
Vol 54 (6) ◽  
pp. 1723-1756 ◽  
Author(s):  
S. Hemapriya ◽  
R. Uthayakumar

A predetermined production rate in a supply chain model with economic production lot size is quite appropriate for this type of situations as production rate can be changed in some cases to fulfill demand of customers. This paper investigates an integrated production inventory model with variable production rate on quality of products involving probabilistic defective under variable setup cost. As a rate of production has a direct impact on system performance, the production rate is considered as a variable along with the production cost. This production process gone through a long run system as a result after some specific time the production gone out-of-control state due to different issues and produced defective items. In addition, we consider that the defective follows three types of probability distribution function such as, (i) uniform, (ii) triangular and (iii) beta distributions. Two types of lead time crashed concept considering in this model and also we consider three types of continuous probabilistic defective function to find the associated cost of the system. The main objective is to find an optimal solution for an order quantity, safety factor, production cost, setup cost and to analyze how the flexibility of the production rate affects the process quality. An efficient iterative algorithm is designed to obtain the optimal solution of the model numerically and sensitivity analysis table formulate to show the impact of different parameter.


2019 ◽  
Vol 54 (6) ◽  
Author(s):  
Sawsan Ali Hamid ◽  
Rana Alauldeen Abdalrahman ◽  
Inam Abdullah Lafta ◽  
Israa Al Barazanchi

Recently, web services have presented a new and evolving model for constructing the distributed system. The meteoric growth of the Web over the last few years proves the efficacy of using simple protocols over the Internet as the basis for a large number of web services and applications. Web service is a modern technology of web, which can be defined as software applications with a programmatic interface based on Internet protocol. Web services became common in the applications of the web by the help of Universal, Description, Discovery and Integration; Web Service Description Language and Simple Object Access Protocol. The architecture of web services refers to a collection of conceptual components in which common sets of standard can be defined among interoperating components. Nevertheless, the existing Web service's architecture is not impervious to some challenges, such as security problems, and the quality of services. Against this backdrop, the present study will provide an overview of these issues. Therefore, it aims to propose web services architecture model to support distributed system in terms of application and issues.


1972 ◽  
Vol 26 (2) ◽  
pp. 469-478 ◽  
Author(s):  
David A. Kay ◽  
Eugene B. Skolnikoff

In the industrialized northern hemisphere we are assaulted daily with evidence of the deteriorating quality of the human environment: Rivers are closed to fishing because of dangerous levels of contamination; the safety of important foods is challenged; the foul air that major urban areas have been forced to endure is now spreading like an inkblot into surrounding areas. Lack of early concern about the implications for the environment of the widespread application of modern technology has allowed the problem to grow rapidly into a critical domestic and international issue.


2021 ◽  
Vol 11 (2) ◽  
pp. 137
Author(s):  
Janet Record ◽  
Roy Ziegelstein ◽  
Colleen Christmas ◽  
Cynthia Rand ◽  
Laura Hanyok

The promise of precision medicine is based on the use of new technologies to better characterize patients by defining individuals in the areas of genomics, proteomics, metabolomics and other aspects of biologic variability. Wise application of modern technology can similarly transform health visits with patients, allowing for better characterization of the patient’s individual life circumstances than possible in a traditional office visit. The use of, and experience with, telemedicine have increased significantly during the COVID-19 pandemic. Patients and clinicians report high satisfaction with telemedicine, and the quality of communication and patient-centeredness experienced in this setting are both rated highly. In this article, we explore the benefits offered by telemedicine in facilitating personalized care with particular focus on telemedicine delivered by video platforms. We propose strategies and skills specific to the effective implementation of personalized telemedicine, drawing on literature in patient-centered communication and home visits. While traditional in-person office visits continue to offer important opportunities such as thorough physical examination and the potential for enhanced non-verbal communication, telemedicine offers many important advantages that can facilitate the process of getting to know the patient as a person.


PEDIATRICS ◽  
1992 ◽  
Vol 90 (5) ◽  
pp. 729-732
Author(s):  
Pieter J. J. Sauer

Modern technology makes it possible to keep more sick, extremely small, and vulnerable neonates alive. Many neonatologists in the Netherlands believe they should be concerned not only about the rate of survival of their patients, but also about the way the graduates of their care do, in fact, survive beyond the neonatal period. In most cases, we use all available methods to keep newborns alive. However, in some instances there is great concern about the quality of life, if the newborn should survive; here questions do arise about continuing or withholding treatment. In this commentary, I present my impression of the opinions held by a majority of practicing neonatologists in the Netherlands, as well as some personal thoughts and ideas. Recently, a committee convened by the Ministers of Justice and Health in the Netherlands issued an official report regarding the practice of euthanasia and the rules of medical practice when treatment is withheld.1 In this report of more than 250 pages, only 2 pages focus on the newborn. The following conclusions were made in this small section of the report. In almost one half of the instances of a fatal outcome in a neonatal intensive care unit in the Netherlands, discussions about sustaining or withholding treatment did take place at some stage of the hospital stay. A consideration of the future quality of life was always included in the discussion. The committee agreed with doctors interviewed for the report that there are circumstances in which continuation of intensive care treatment is not necessarily in the best interest of a neonate.


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