An inventory model for deteriorating items under time varying demand condition
Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2013, Vol 8, Issue 1
Abstract
In this paper we discuss the development of an inventory model for deteriorating items which investigates an instantaneous replenishment model for the items under cost minimization. A time varying type of demand rate with infinite time horizon, exponential deterioration and with shortage in considered. The result is illustrated with numerical example.
Authors and Affiliations
Srichandan Mishra, S. P. Mishra, N. Mishra, J. Panda
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