In the past few decade researches have developed their EOQ models under constant deterioration and constant demand. However, it is not true in actual practice. In this paper, we have established inventory model with exponential time-dependent demand and timedependent time-dependent deterioration. Shortages are allowed. The demand rate and unit production cost both are considered as proportional...

Inventory routing problems (IRP) are among important tools to be used for implementing vendor manage inventory. Many researchers try develop methods solving inventory problem, however, only a few developed spoilage items. In reality, many items deteriorated and spoiled during transportation storage period. this paper, we model solve the problem deteriorating with dynamic demand rate, i.e., vari...

An order level inventory system for deteriorating items has been developed with demand rate as a ramp type function of time. The finite production rate is proportional to the demand rate and deterioration rate is time proportional. The unit production cost is inversely proportional to the demand rate. The model with no shortage case in inventory is first solved. The inventory shortage is discus...

It was suggested in 2004 by some researchers that it might be possible to improve production systems performance by applying the first and second laws of thermodynamics to reduce system entropy. Then these laws were used to modify the economic order quantity (EOQ) model to derive an equivalent entropic order quantity (EnOQ). Moreover the political instability or uncertainty of a country (as wel...