An EOQ (Economic Order Quantity) model for a deteriorating item with quadratic demand pattern and quadratic holding cost and constant deterioration rate is considered in this paper. In addition, shortages and partial backlogging are allowed. It is assumed that the backlogging rate acts as not only a variable, but also depends on the length of the waiting time up to next replenishment during the...

This paper deals with the problem of determining the optimal retailer’s replenishment decisions for deteriorating items under two levels of trade credit policy within the economic order quantity (EOQ) framework to reflect the supply chain management situation. We investigate the retailer's inventory system as a cost minimization problem to determine the retailer's optimal inventory policy under...

Problem statement: In most of the earlier inventory models, effect of inflation has been ignored, which is playing pilot role in present environment. In this article, we have proposed an economic order quantity model for deteriorating items having stock dependent demand (whose demand varies with the stock) under the effect of inflation. Approach: Firstly, problem is framed in the form of linear...

Abstract             In this research, an integrated inventory model for non-instantaneous deteriorating items is analyzed when demand is sensitive to changes in price. The price used in this research is a time-dependent function of the initial selling price and the discount rate. To control the deterioration rate of items at the storage...

a new mathematical model for the optimal production isformulated for the inventory management system under time-varyingand stochastic inflation environment for deteriorating items. the timehorizon is finite and demand rate is dependent to the inflation. in thereal situation, some but not all customers will wait for backlogged itemsduring a shortage period, such as for fashionable commodities or...