Economic ordering policy for deteriorating items with inflation induced time dependent demand under infinite time horizon

2020 ◽  
Vol 39 (1) ◽  
pp. 69
Author(s):  
K.V. Geetha ◽  
R. Udayakumar
Keyword(s):  
Time Horizon ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Infinite Time ◽  
Infinite Time Horizon ◽  
Ordering Policy ◽  
Dependent Demand

scholarly journals An inventory model for deteriorating items under time varying demand condition

2013 ◽  
Vol 8 (1) ◽  
pp. 1273-1278
Author(s):  
Srichandan Mishra ◽  
S.P. Mishra ◽  
N. Mishra ◽  
J. Panda
Keyword(s):  
Time Horizon ◽  
Cost Minimization ◽  
Inventory Model ◽  
Deteriorating Items ◽  
Time Varying ◽  
Infinite Time ◽  
Infinite Time Horizon ◽  
Demand Rate ◽  
Demand Condition ◽  
Varying Demand

In this paper we discuss the development of an inventory model for deteriorating items which investigates an instantaneous replenishment model for the items under cost minimization. A time varying type of demand rate with infinite time horizon, exponential deterioration and with shortage in considered. The result is illustrated with numerical example.

scholarly journals Optimal Pricing and Ordering Policy for Deteriorating Items with Stock-and-Price Dependent Demand and Presale Rebate

2016 ◽  
Vol 2016 ◽  
pp. 1-7
Author(s):  
Lianxia Zhao ◽  
Jianxin You
Keyword(s):  
Sensitivity Analysis ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Optimal Pricing ◽  
Selling Price ◽  
Effective Algorithm ◽  
Numerical Examples ◽  
Ordering Policy ◽  
Demand Rate ◽  
Dependent Demand

This paper considers an EOQ inventory model with presale policy for deteriorating items, in which the demand rate depends on both on-hand inventory and selling price. Under the assumption that all the presale orders are fully backlogged with waiting-time dependent rebate, this study develops several propositions and derives optimal pricing and ordering policy by designing an effective algorithm. Two numerical examples are also given to illustrate the effectiveness of the algorithm. Finally, the sensitivity analysis of the main parameters is provided.

INVENTORY MODEL OF DETERIORATING ITEMS FOR LINEAR HOLDING COST WITH TIME DEPENDENT DEMAND

2015 ◽  
Vol 4 (1) ◽  
pp. 29-36
Author(s):  
N Mishra ◽  
SP Mishra ◽  
Srichandan Mishra ◽  
J Panda ◽  
UK Misra
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Holding Cost ◽  
Dependent Demand
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