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

Preeti patel; S.K. Malhotra

doi:https://doi.org/10.14445/22315373/IJMTT-V33P502

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

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.

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