Effects of inflation and time-value of money on an inventory model with linear time-dependent demand rate and shortages

1991 ◽  
Vol 52 (3) ◽  
pp. 326-333 ◽  
Author(s):  
T.K. Datta ◽  
A.K. Pal
Keyword(s):  
Linear Time ◽  
Inventory Model ◽  
Time Dependent ◽  
Time Value Of Money ◽  
Time Value ◽  
Demand Rate ◽  
Value Of Money ◽  
Dependent Demand Rate ◽  
Dependent Demand

A Time Dependent Order Level Inventory Model for Beta Deterioration in Two Warehouse Systems

2015 ◽  
Vol 6 (2) ◽  
pp. 53-69 ◽  
Author(s):  
Soumendra Kumar Patra ◽  
Tapan Kumar Lenka ◽  
Er. Purna Chandra Ratha
Keyword(s):  
The Other ◽  
Time Dependent ◽  
Inventory Problem ◽  
Time Value Of Money ◽  
Continuous Release ◽  
Time Value ◽  
Distribution Form ◽  
Deterioration Rate ◽  
Demand Rate ◽  
Value Of Money

An inventory problem for a deteriorating item having two separate warehouses is developed under time value of money, whereby one is an own warehouse (OW) of finite dimension(s) and the other is rented warehouse (RW) of infinite dimension(s). Deterioration rate of items in the two warehouses may be different, which is time dependent and deterioration is in the mean beta distribution form. In this study, shortages and complete backlogging have been considered as the other items, whereby the demand rate of items is linear with time in OW and the same is linear with price in case of RW. Also, the stocks of RW transported to OW in continuous release pattern.

Sign in / Sign up

Export Citation Format

Share Document