Addendum to ‘Comment on Bose S, Goswami A and Chaudhuri KS (1995). An EOQ model for deteriorating items with linear time-dependent demand rate and shortages under inflation and time discounting’ by Moon and Giri

2005 ◽  
Vol 56 (11) ◽  
pp. 1331-1333
Author(s):  
C-Y Dye
Keyword(s):  
Linear Time ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Time Discounting ◽  
Eoq Model ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand

EOQ model for deteriorating items having constant and time-dependent demand rate

OPSEARCH ◽  
2007 ◽  
Vol 44 (3) ◽  
pp. 251-260 ◽  
Author(s):  
Meenakshi Srivastava ◽  
Ranjana Gupta
Keyword(s):  
Deteriorating Items ◽  
Time Dependent ◽  
Eoq Model ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand

EOQ Model with Time Dependent Demand Rate and Time Dependent Holding Cost Function

2013 ◽  
pp. 381-392
Author(s):  
R. P. Tripathi
Keyword(s):  
Infinite Horizon ◽  
Decision Rules ◽  
Time Dependent ◽  
Single Item ◽  
Eoq Model ◽  
Optimal Policies ◽  
Demand Rate ◽  
Holding Cost ◽  
Dependent Demand Rate ◽  
Dependent Demand

In this paper the authors consider the continuous deterministic, infinite horizon, single item inventory system within the setting of a retailer sector in which the demand rate for an item is time dependent. The parameter of the replenishment cost is kept constant, but the carrying cost per unit is allowed to vary. The optimal policies are found, and decision rules and classical EOQ model have been obtained by considering two different models. Numerical examples are given to illustrate the proposed models.

scholarly journals EOQ Model for Deteriorating Items with Stock-Level-Dependent Demand Rate and Order-Quantity-Dependent Trade Credit

2014 ◽  
Vol 2014 ◽  
pp. 1-14 ◽  
Author(s):  
Jie Min ◽  
Jian Ou ◽  
Yuan-Guang Zhong ◽  
Xin-Bao Liu
Keyword(s):  
Trade Credit ◽  
Sufficient Conditions ◽  
Optimal Solution ◽  
Deteriorating Items ◽  
Order Quantity ◽  
Eoq Model ◽  
Demand Rate ◽  
Delay In Payments ◽  
Dependent Demand Rate ◽  
Dependent Demand

This paper develops a generalized inventory model for exponentially deteriorating items with current-stock-dependent demand rate and permissible delay in payments. In the model, the payment for the item must be made immediately if the order quantity is less than the predetermined quantity; otherwise, a fixed trade credit period is permitted. The maximization of the average profit per unit of time is taken as the inventory system’s objective. The necessary and sufficient conditions and some properties of the optimal solution to the model are developed. Simple solution procedures are proposed to efficiently determine the optimal ordering policies of the considered problem. Numerical example is also presented to illustrate the solution procedures obtained.

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