Deterministic inventory systems for deteriorating items with inventory level-dependent demand rate and shortages

Deterministic inventory systems for deteriorating items with inventory level-dependent demand rate and shortages

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Article ID: iaor19911217
Country: India
Volume: 27
Issue: 4
Start Page Number: 189
End Page Number: 195
Publication Date: Dec 1990
Journal: OPSEARCH
Authors: ,
Abstract:

The paper deals with both infinite and finite time-horizon inventory models for deteriorating items assuming the demand rate at any instant of time to be a linear function of the on-hand inventory at that instant. To make the model more realistic, shortages have been assumed which are fully backlogged. Two numerical examples have been added to illustrate the results.

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