An Inventory Model for Constant Deteriorating Items with Price Dependent Demand and Time-varying Holding Cost
نویسندگان
چکیده
In this paper a deterministic inventory model is developed when the deterioration is constant. Demand rate is a function of selling price and holding cost is taken as time dependent. The model is solved allowing shortage in inventory. The results are solved with the help of numerical example by using Mathematica 5.1. The sensitivity analysis of the solution has done with the changes of the values of the parameters associated with the model is discussed.
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