Variations of order-level inventory models for deteriorating items

Variations of order-level inventory models for deteriorating items

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Article ID: iaor199331
Country: Netherlands
Volume: 27
Issue: 2
Start Page Number: 111
End Page Number: 117
Publication Date: May 1992
Journal: International Journal of Production Economics
Authors: ,
Keywords: deteriorating items
Abstract:

Order-level inventory models for deteriorating items have been developed and solved with and without shortages. The finite production rate is proportional to the demand rate which is time-dependent. The rate of deterioration also is taken to be time-variable. Illustrative numerical examples are given and significant features of the results are discussed.

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