Prof. Monalisha Pattnaik

Sambalpur University,, Statistics, Faculty Member

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Prof. Monalisha Pattnaik, currently serving as the Head of Department in the Department of Statistics, at Sambalpur University holds her D.Litt. in Supply Chain Management from Sambalpur University and her Ph.D. in Operations Research from Utkal University. Additionally, she holds the position of Deputy Director of the Research and Development Cell, at Sambalpur University. Apart from that, she actively conducts training programs, and seminars, and delivers talks at Faculty Development Programmes conducted by HRDC. She has acted as the Coordinator, representing Sambalpur University, at ANVESHAN 2023, a student research convention conducted by the Association of Indian Universities. In association with the mentioned, she is an avid researcher and has devoted her time to urging young minds into research. Her dedication to research is evident from her extensive list of publications in reputed international and national journals. Prof. Pattnaik boasts an impressive publication record with over 50 papers indexed in SCOPUS and WoS. In addition to her articles, Prof. Pattnaik has authored eight books, edited five books of international repute, and contributed numerous book chapters, solidifying her expertise in her fields of interest. As a highly regarded reviewer for prestigious publishers such as Elsevier, Taylor & Francis, IEEE Access, and Springer, she actively contributes to the academic community. She has an active role to play as a Member of the Editorial Board of reputed international journals. She is also associated with independent projects conducted by both Govt. of India and Govt. of Odisha. Presently, she is associated with Sambalpur University funded project based on Predictive Analytics. In her 16 years of teaching experience, she has covered topics such as Artificial Intelligence, Bibliometrics, Advanced Operations Research, Financial Time Series Analysis, Co-integration, ARIMA Modelling, Production and Operations Management, Security Analysis and Portfolio Management, Logistics and Supply Chain Management, Optimization Techniques, Research Methodology, and Advanced Multivariate Analysis. With a notable number of citations, an h-index of 14, and an i10-index of 26 from 2018 until the present, Prof. Pattnaik continues to be a prominent figure in the academic and research world, contributing her vast experience and expertise to various domains within Management, Statistics, and Artificial Intelligence. Her work was acknowledged in the AD Scientific Index 2023, a prestigious research database curated by Stanford University, where she was listed among the world's top scientists. Her latest accomplishment adds another feather to her cap, i.e. the successful granting of a patent by the Intellectual Property Office, UK, for her innovative design. Recently she has been awarded the prestigious "JYESTA ACHARYA AWARD" 2021-2022, All India Level on 4th Dec organised by "Bharat Education Excellence Awards-2022" team of Skill, Swadesh, LACE, Brainovision, Cito Health Care & Lions Club, Hyderabad.
Phone: 08895436436
Address: Dept. of Statistics; Sambalpur University; Jyotivihar; Burla

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Variable Ordering Cost, Promotional Effort Cost and Units Lost due to Deterioration in Fuzzy Economic Order Quantity (FEOQ) Model

This model investigates the instantaneous fuzzy economic order quantity model by allocating the p... more This model investigates the instantaneous fuzzy economic order quantity model by allocating the percentage of units lost due to deterioration in an on-hand inventory by framing promotional effort cost and variable ordering cost. The objective is to maximize the net profit so as to determine the order quantity, promotional effort factor, the cycle length and number of units lost due to deterioration in fuzzy decision space. For any given number of replenishment cycles the existence of a unique optimal replenishment schedule are proved and mathematical model is developed to find some important characteristics for the concavity of the fuzzy net profit function. Numerical examples are provided to illustrate the results of proposed model which benefit the retailer and this policy is important, especially for wasting of deteriorating items. Finally, sensitivity analyses of the fuzzy optimal solution with respect to the major parameters are also carried out. Keywords-Variable ordering cost; Promotion; Deteriorating items; Fuzzy

Variable Ordering Cost, Promotional Effort Cost and Units Lost due to Deterioration in Fuzzy Economic Order Quantity (FEOQ) Model

Deteriorated Economic Order Quantity (EOQ) Model with Variable Ordering Cost

Thailand Statistician, 2014

The economic order quantity model is framed for analyzing the effect of variable ordering cost wi... more The economic order quantity model is framed for analyzing the effect of variable ordering cost with deteriorated items. The objective of this model is to maximize the net profit so as to determine the order quantity. For any given number of replenishment cycles the existence of a unique optimal replenishment schedule can be obtained and further the concavity of the net profit function of the inventory system in the number of replenishments is established. The numerical analysis shows that an appropriate policy can benefit the retailer and that policy is important, especially for deteriorating items. Finally, sensitivity analyses of the optimal solution with respect to the major parameters are also studied to draw some decisions with managerial implications for competitive advantage.

Prof. Monalisha Pattnaik

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