An Inventory Model for Perishable Items with Time Varying Stock Dependent Demand and Trade Credit under Fuzzy type Inflation
Journal Title: International Journal of Scientific Research and Management - Year 2016, Vol 4, Issue 10
Abstract
In this paper we presented an inventory model for perishable items with time varying stock dependent demand under fuzzy type inflation. It is assumed that the supplier offers a credit period to the retailer and the length of credit period is dependent on t he order quantity. The purpose of our study is to minimize the present value of retailer’s total cost. A numerical example is also given to demonstrate the presented model.
Authors and Affiliations
Sushil Kumar
Keywords
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