An inventory model with stock dependent demand and general rate of deterioration under conditions of permissible delay in payments

An inventory model with stock dependent demand and general rate of deterioration under conditions of permissible delay in payments

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Article ID: iaor20082881
Country: India
Volume: 44
Issue: 3
Start Page Number: 227
End Page Number: 239
Publication Date: Sep 2007
Journal: OPSEARCH
Authors: ,
Keywords: deteriorating items
Abstract:

In this paper a deterministic inventory model is developed for deteriorating items with general rate of deterioration and with stock dependent demand when shortages are observed. Conditions of permissible delay in payments are also taken into consideration. Numerical examples are cited to illustrate the model.

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