Research Article
Product Replacement Policy in a Production Inventory Model with Replacement Period-, Stock-, and Price-Dependent Demand
Table 2
Results of sensitivity analysis with respect to
, , , and
.
| | Parameters | % of change of the parameters | % change in optimal values | | | | | |
| | –20 | –0.20 | –0.25 | –19.84 | –0.12 | –0.10 | | –10 | –0.11 | –0.13 | –9.90 | –0.06 | –0.05 | | +10 | +0.12 | +0.14 | +9.87 | +0.07 | +0.06 | | +20 | +0.25 | +0.30 | +19.70 | +0.14 | +0.12 |
| | –20 | +0.14 | +0.17 | +24.82 | +0.08 | +0.07 | | –10 | +0.06 | +0.08 | +11.04 | +0.04 | +0.03 | | +10 | –0.05 | –0.06 | –9.04 | –0.03 | –0.02 | | +20 | –0.09 | –0.11 | –16.59 | –0.05 | –0.05 |
| | –20 | –0.34 | –0.51 | –46.62 | –0.15 | –0.29 | | –10 | –0.17 | –0.27 | –21.60 | –0.07 | –0.17 | | +10 | +0.17 | +0.29 | +18.63 | +0.06 | +0.18 | | +20 | +0.32 | +0.57 | +34.83 | +0.11 | +0.38 |
| | –20 | +0.62 | –13.29 | +0.51 | –0.51 | –12.61 | | –10 | +0.30 | –6.59 | +0.25 | –0.25 | –6.23 | | +10 | – | – | – | – | – | | +20 | – | – | – | – | – |
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