Inventory Model with Different Deterioration Rates with Shortages, Time and Price Dependent Demand under Inflation and Permissible Delay in Payments
نویسنده
چکیده
An inventory model for deteriorating items with stock and price dependent demand is developed. Holding cost is considered as function of time. Shortages are allowed and completely backlogged. Numerical example is provided to illustrate the model and sensitivity analysis is also carried out for parameters.
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