An inflationary inventory model with time dependent demand with Weibull distribution deterioration and partial backlogging under permissible delay in payments

An inflationary inventory model with time dependent demand with Weibull distribution deterioration and partial backlogging under permissible delay in payments

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Article ID: iaor200947178
Country: Poland
Volume: 36
Issue: 1
Start Page Number: 203
End Page Number: 217
Publication Date: Jan 2007
Journal: Control & Cybernetics
Authors: ,
Keywords: deteriorating items
Abstract:

This paper proposes to present a general inventory model with due consideration to the factors of time dependent partial backlogging and time dependent deterioration. It also takes into account the impact of inflation, time–dependent demand and permissible delay in payments.

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