| Article ID: | iaor20118359 |
| Volume: | 5 |
| Issue: | 2 |
| Start Page Number: | 107 |
| End Page Number: | 114 |
| Publication Date: | Jul 2010 |
| Journal: | Pakistan Journal of Statistics and Operation Research |
| Authors: | Kumar Mukesh, Jain Dr Sanjay, Advani Priya |
| Keywords: | combinatorial optimization, demand |
The aim of this paper is to develop an optimal replenishment policy for inventory models of deteriorating items with ramp type demand under permissible delay in payments. Deterioration of items begins on their arrival in stock. An example is also presented to illustrate the application of developed model.