Inventory Model for Deteriorating Items with Life Time

 
 
 
  • Abstract
  • Keywords
  • References
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  • Abstract


    In this paper, an inventory model of deteriorating items with life time has been discussed. The demand rate has been taken of cubic function of time which starts from zero in the beginning and ends to zero at the completion of the cycle. The deterioration rate is assumed to be of power pattern , i.e. . Shortages are allowed and fully backlogged.

     


  • Keywords


    Inventory; cubic function; life time; power pattern; shortage.

  • References


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      [2] Dave, U. & Patel, I.K. (1981): Policy Inventory Model for Deteriorating Items with Time Proportional Demand. Jour. Oper. Res. Soc. 32, 137-142.

      [3] Dutta, T.K. & Pal, A.K. (1992), “A Note on Replenishment Policy for an Inventory Model with Linear Trend in Demand and Shortages”, Jour. Oper. Res. Soc. 44, 993-1001.

      [4] Goswami, A. &Caudhari, K.S. (1981), “An EOQ Model for Deteriorating Items with Shortages and Linear Trend in Demand”, Jour. Oper. Res. Soc. 42(12), 1105-1110.

      [5] Hari Kishan, Megha Rani and Sarvendra Saroha (2010),An Inventory Model od Decaying Products with Life Time and Variational Demand” Inter. Jour. Oper. Res. Opt. 1(2), 243-254.

      [6] Hari Kishan, Megha Rani and Vipin Kumar (2014), “Inventory Model of Deteriorating Products with Life Time” , Inter. Jour. Edu. Sci. Res. 1(2), 125-139.

      [7] Mishra, R.B. (1975), “Optimum Lot Size Model for a System with Deteriorating Inventory”, Int. jour. Prod. Res. 13, 493-505.

      [8] Ritche, E. (1984), “The EOQ for Linear Increasing Demand: a Simple Optimal Solution” , Jour. Oper. Res. Soc. 35, 949-952.

      [9] Shah, Y.K. & Jaiswal, M.C. (1977), “An Order Level Inventory Model for a System with Constant Rate of Deterioration” , Opsearch, 14(3), 174-184.


 

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Article ID: 20720
 
DOI: 10.14419/ijet.v7i3.15.20720




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