In this paper, an economic order quantity (EOQ) inventory model for a deteriorating item is developed with the following characteristics:
(i)
The demand rate is deterministic and two-staged, i.e., it is constant in first part of the cycle and linear function of time in the second part.
(ii)
Deterioration rate is time-proportional.
(iii)
Shortages are not allowed to occur.
The o...