Article ID: | iaor199892 |
Country: | United Kingdom |
Volume: | 48 |
Issue: | 2 |
Start Page Number: | 221 |
End Page Number: | 224 |
Publication Date: | Feb 1997 |
Journal: | Journal of the Operational Research Society |
Authors: | Maiti M., Bhunia A.K. |
This paper presents two deterministic inventory models for a single item, where for the first model, the production rate at any instant depends on the on-hand inventory and for the second one, it is demand dependent. However, in both cases, the demand rate at any moment of time is a linear function of time for the scheduling period. Both the models are formulated and solved without allowing shortages. Two numerical examples have been added to illustrate the results.