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International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 33 | Number 1 | Year 2016 | Article Id. IJMTT-V33P502 | DOI : https://doi.org/10.14445/22315373/IJMTT-V33P502

An Inventory Ordering Interval, for Deterioration as a Constant Rate and Demand as Stock Dependent, with Discrete in Time


Preeti patel, S.K. Malhotra
Citation :

Preeti patel, S.K. Malhotra, "An Inventory Ordering Interval, for Deterioration as a Constant Rate and Demand as Stock Dependent, with Discrete in Time," International Journal of Mathematics Trends and Technology (IJMTT), vol. 33, no. 1, pp. 5-9, 2016. Crossref, https://doi.org/10.14445/22315373/IJMTT-V33P502

Abstract

In this paper ,we consider with the constant rate of deterioration having stock dependent demand. Demand is a linear function of lot size q. Shortage is not considered and rate of replenishment is instantaneous. A numerical example is considered to illustrate the model taken.

Keywords
Inventory control, constant deterioration, stock dependant demand time a discrete change.
References

1. Cohen M.A. (1977) joint pricing and ordering policy for exponentially decaying inventory with known demand. Now Res. Long Quar. 24 (2).257-268
2. Gupta and jauhari, R(1993) ) “optimum ordering interval for time varying decay rate of inventory, discrete in time Ganita Sandesh, vol 7(1),12-15
3. Mukherjee, S.P. (1987) “optimum ordering interval for time varying decay rate of inventory. Opsearch 24(1) 19-24.

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