Effect of salvage value on a two-warehouse inventory model for deteriorating items with stock-dependent demand rate and partial backlogging

2014 ◽  
Vol 19 (4) ◽  
pp. 479 ◽  
Author(s):  
Neeraj Kumar ◽  
S.R. Singh
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Partial Backlogging ◽  
Stock Dependent Demand ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand

scholarly journals A partial backlogging inventory model for non-instantaneous deteriorating items with stock-dependent consumption rate under inflation

2010 ◽  
Vol 20 (1) ◽  
pp. 35-54 ◽  
Author(s):  
Jinh Chang ◽  
Feng Lin
Keyword(s):  
Solution Process ◽  
Optimal Solution ◽  
Planning Horizon ◽  
Inventory Model ◽  
Deteriorating Items ◽  
Optimal Order ◽  
Partial Backlogging ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand

In this paper, we derive a partial backlogging inventory model for noninstantaneous deteriorating items with stock-dependent demand rate under inflation over a finite planning horizon. We propose a mathematical model and theorem to find minimum total relevant cost and optimal order quantity. Numerical examples are used to illustrate the developed model and the solution process. Finally, a sensitivity analysis of the optimal solution with respect to system parameters is carried out.

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