A DETERIORATING INVENTORY MODEL WITH SHORTAGES UNDER PRICE DEPENDENT DEMAND AND INFLATION

BARIK, S. and MISHRA, SRICHANDAN and PAIKRAY, S. K. and MISRA, U. K. (2015) A DETERIORATING INVENTORY MODEL WITH SHORTAGES UNDER PRICE DEPENDENT DEMAND AND INFLATION. Asian Journal of Mathematics and Computer Research, 8 (1). pp. 14-25.

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Abstract

The objective of this model is to discuss the inventory system for deteriorating items with price dependent demand pattern where Weibull rate of deterioration is considered. The model is formed with shortages and partially backlogging with inflation. The Economic order quantity is determined for maximizing the profit per unit time. The result is illustrated with numerical example.

Item Type: Article
Subjects: STM Open Academic > Mathematical Science
Depositing User: Unnamed user with email admin@eprint.stmopenacademic.com
Date Deposited: 12 Dec 2023 04:36
Last Modified: 12 Dec 2023 04:36
URI: http://publish.sub7journal.com/id/eprint/1870

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