An inventory model of price and stock dependent demand rate with deterioration under inflation and delay in payment

被引：35

作者：

Pal S. ^{[1
]}

Mahapatra G.S. ^{[2
]}

Samanta G.P. ^{[1
]}

机构：

[1] Department of Mathematics, Bengal Engineering and Science University, Shibpur, Howrah

[2] Department of Mathematics, National Institute of Technology-Puducherry, Karaikal

来源：

International Journal of System Assurance Engineering and Management | 2014年 / 5卷 / 4期

关键词：

Credit period; Delay payment; Deterioration; Inflation; Shortage;

D O I：

10.1007/s13198-013-0209-y

中图分类号：

学科分类号：

摘要：

This paper deals with the economic order quantity model for deteriorating items with price and stock dependent demand rate, where deterioration is constant. We have noticed the effect of shortage under inflation and taken into consideration the condition of permissible delay in payment. In first case, the credit period is less than or equal to the cycle time for settling the account and secondly the credit period is greater than the cycle time for settling the account. Then we have obtained the condition for minimizing the total cost. Finally, the results are illustrated by a numerical example for different cases and sensitivity analysis is carried out to analyze the effect of the parameters on the optimal solution. © 2013, The Society for Reliability Engineering, Quality and Operations Management (SREQOM), India and The Division of Operation and Maintenance, Lulea University of Technology, Sweden.

引用

页码：591 / 601

页数：10

共 31 条

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