An EOQ Model of Selling-Price-Dependent Demand for Non-Instantaneous Deteriorating Items during the Pandemic COVID-19

A pricing factor plays a dominant role in consumer behavior most countries affected by the COVID19 pandemic. People have lost their job while others renegotiated for low-paying jobs during this Thus, article aims to develop viable model consider various aspects of Here, we an optimal ordering quantity inventory deteriorating items, which are still demand depending upon selling price product. The items assumed be non-instantaneous deteriorating. shortage is allowed lead time and partially backlogged. solution procedure presented determine cycle, order quantity, total average cost. realistic numerical example given validate proposed changing different systems parameters, where sensitivity analysis has been carried out. effectiveness system observed through graphical representation. HIGHLIGHTS study considers items. Selling dependent incorporated. Theoretical results formed characterize solutions. effect key parameters studies rigorously. GRAPHICAL ABSTRACT