An inventory model for deteriorating items under time varying demand condition

Authors

  • Srichandan Mishra Dept. of Mathematics Govt. Science College, Malkangiri. Odisha, India.
  • S.P. Mishra Swarnamayee Nagar Berhampur-760001 Odisha, India.
  • N. Mishra Dept. of Commerce Berhampur University Berhampur Odisha, India.
  • J. Panda Dept. of MBA Berhampur University Berhampur Odisha, India.

DOI:

https://doi.org/10.24297/ijmit.v8i1.691

Keywords:

Time varying Demand, Optimal control, Inventory system

Abstract

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.

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Published

2013-12-30

How to Cite

Mishra, S., Mishra, S., Mishra, N., & Panda, J. (2013). An inventory model for deteriorating items under time varying demand condition. INTERNATIONAL JOURNAL OF MANAGEMENT &Amp; INFORMATION TECHNOLOGY, 8(1), 1273–1278. https://doi.org/10.24297/ijmit.v8i1.691

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Articles