Volume 9 Issue 4 - February 2018

  • 1. Imperfect quality items inventory model under different deterioration rates and shortages with price and time dependent demand

    Authors : B T Naik, Raman Patel

    Pages : 6-13

    DOI : http://dx.doi.org/10.21172/1.94.02

    Keywords : Inventory model, Varying Deterioration, Time dependent demand, Price dependent demand, Defective items, Shortages

    Abstract :

    Many times it happens that units produced or ordered are not of 100% good quality. An imperfect quality items deterministic inventory model is developed when deterioration rate is different during a cycle. Demand is a function of price and time. Shortages are allowed and completely backlogged. Numerical example is taken to support the model. Sensitivity analysis is also carried out for parameters.

    Citing this Journal Article :

    B T Naik, Raman Patel, "Imperfect quality items inventory model under different deterioration rates and shortages with price and time dependent demand", Volume 9 Issue 4 - February 2018, 6-13