scholarly journals EOQ Model with Inventory Level Dependent Demand Rate under Permissible Delay in Payments with Cash Discount

2015 ◽  
Vol 8 (28) ◽  
Author(s):  
H. S. Shukla ◽  
R. P. Tripathi ◽  
A. Siddiqui ◽  
Vivek Shukla
Keyword(s):  
Inventory Level ◽  
Permissible Delay In Payments ◽  
Eoq Model ◽  
Demand Rate ◽  
Cash Discount ◽  
Delay In Payments ◽  
Dependent Demand Rate ◽  
Dependent Demand

On the EOQ model with inventory-level-dependent demand rate and random yield

1994 ◽  
Vol 16 (3) ◽  
pp. 167-176 ◽  
Author(s):  
Shaul K. Bar-Lev ◽  
Mahmut Parlar ◽  
David Perry
Keyword(s):  
Inventory Level ◽  
Random Yield ◽  
Eoq Model ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand

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.

scholarly journals Inventory models for perishable items with inventory level dependent demand rate

2012 ◽  
Vol 36 (10) ◽  
pp. 5015-5028 ◽  
Author(s):  
Yongrui Duan ◽  
Guiping Li ◽  
James M. Tien ◽  
Jiazhen Huo
Keyword(s):  
Inventory Level ◽  
Inventory Models ◽  
Perishable Items ◽  
Demand Rate ◽  
Dependent Demand Rate ◽  
Dependent Demand
Sign in / Sign up

Export Citation Format

Share Document