Probabilistic order level system when items in inventory deteriorate and delay in payments is permissible

被引:8
作者
Shah, NH [1 ]
机构
[1] Gujarat Univ, Dept Math, Ahmedabad 380009, Gujarat, India
关键词
deterioration; credit period; stochastic demand;
D O I
10.1142/S0217595904000266
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
An order level inventory model is developed for deteriorating items with a constant rate of deterioration and vendor offering delay in payments. The model is developed under probabilistic demand. It is shown that the model derived can be related to the existing model for non-deteriorating items and when delay in payments is not permissible. The model is supported by a probability distribution function.
引用
收藏
页码:319 / 331
页数:13
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