Inventory Model with Fixed Shelf Life under Generalized Non-Increasing Demand
نویسندگان
چکیده
In this paper, we develop an economic order quantity (EOQ) model for fixed shelf-life items and a non-increasing demand. The objective of is to maximize the total profit. We find criterion decide (i) interior maximum solution or (ii) boundary solution. Eight numerical examples are given illustrate all possible scenarios generalized model. Our results identify scenario which profit always negative. This highly relevant firms in public sector operating at financial loss.
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ژورنال
عنوان ژورنال: Mathematics
سال: 2021
ISSN: ['2227-7390']
DOI: https://doi.org/10.3390/math9212735