An Inventory Model for Deteriorating Items with Quadratic Demand and Partial Backlogging

2012 ◽  
Vol 2 (2) ◽  
pp. 112-131 ◽  
Author(s):  
R. Begum
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Partial Backlogging

scholarly journals An Inventory Model for Deteriorating Items with Stock Dependent Demand and Partial Backlogging

2021 ◽  
Vol 9 (12) ◽  
pp. 296-302
Author(s):  
Vikas Kumar
Keyword(s):  
Waiting Time ◽  
Simple Algorithm ◽  
Inventory Model ◽  
Deteriorating Items ◽  
Partial Backlogging ◽  
Numerical Examples ◽  
Proposed Model ◽  
Stock Dependent Demand ◽  
Total Profit ◽  
Dependent Demand

Abstract: In this paper, we formulate a deteriorating inventory model with stock-dependent demand Moreover, it is assumed that the shortages are allowed and partially backlogged, depending on the length of the waiting time for the next replenishment. The objective is to find the optimal replenishment to maximizing the total profit per unit time. We then provide a simple algorithm to find the optimal replenishment schedule for the proposed model. Finally, we use some numerical examples to illustrate the model. Keywords- Inventory, Deteriorating items, Stock dependent demand, Partial backlogging

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