Constrained Single Period Stochastic Uniform Inventory Model With Continuous Distributions of Demand and Varying Holding Cost

2006 ◽  
Vol 2 (1) ◽  
pp. 334-338 ◽  
Author(s):  
Fergany
Keyword(s):  
Inventory Model ◽  
Continuous Distributions ◽  
Single Period ◽  
Holding Cost

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

An EOQ inventory model with nonlinear stock dependent holding cost, nonlinear stock dependent demand and trade credit

2020 ◽  
Vol 139 ◽  
pp. 105557 ◽  
Author(s):  
Leopoldo Eduardo Cárdenas-Barrón ◽  
Ali Akbar Shaikh ◽  
Sunil Tiwari ◽  
Gerardo Treviño-Garza
Keyword(s):  
Trade Credit ◽  
Inventory Model ◽  
Stock Dependent Demand ◽  
Holding Cost ◽  
Dependent Demand

Time and Price Dependent Demand with Varying Holding Cost Inventory Model for Deteriorating Items

2013 ◽  
Vol 4 (4) ◽  
pp. 75-95 ◽  
Author(s):  
Diwakar Shukla ◽  
Uttam Kumar Khedlekar ◽  
Raghovendra Pratap Singh Chandel
Keyword(s):  
Simulation Study ◽  
Demand Function ◽  
Inventory Model ◽  
Time Parameter ◽  
Suggested Model ◽  
Open Problems ◽  
Holding Cost ◽  
Theoretical Results ◽  
Dependent Demand ◽  
Better Than

This paper presents an inventory model considering the demand as a parametric dependent linear function of time and price both. The coefficient of time-parameter and coefficient of price-parameter are examined simultaneously and proved that time is dominating variable over price in terms of earning more profit. It is also proved that deterioration of item in the inventory is one of the most sensitive parameter to look into besides many others. The robustness of the suggested model is examined using variations in the input parameters and ranges are specified on which the model is robust on most of occasions and profit is optimal. Two kinds of doubly-demand function strategies are examined and mutually compared in view of the two different cases. Second strategy found better than first. Holding cost is treated as a variable. Theoretical results are supported by numerical based simulation study with robustness. Some recommendations are given at the end for the inventory managers and also open problems are discussed for researchers. This model is more realistic than considered by earlier author.

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