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Research Paper | Mathematics | India | Volume 5 Issue 11, November 2016
A Deterministic Inventory Model with Cubic Demand and Infinite Time Horizon with Constant Deterioration and Salvage Value
Varsha Sharma [2] | Anil Kumar Sharma [5]
Abstract: In this paper we consider an inventory model for deteriorating products having a cubic demand which is a function of time, here the deterioration is considered as constant. The salvage value is used for deteriorated items in the system. This model is developed to find the total cost of the inventory system. Suitable numerical example and sensitivity analysis also discussed (at the end of the paper, we compare the solution of the cubic model with that of the Quadratic model as well as linear model) Retarded decline model and accelerated decline model. The optimum total cost and total order quantity has been calculated in each case. We see that behaviour of these models is almost similar.
Keywords: Inventory, Quadratic demand, Deteriorating items, Salvage value & Optimum cost
Edition: Volume 5 Issue 11, November 2016,
Pages: 1643 - 1646
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Research Paper, Mathematics, India, Volume 11 Issue 4, April 2022
Pages: 926 - 929A Deterministic Inventory Model with Biquadratic Demand, Static Rate of Deterioration and Linear Carrying Cost
Pooja Soni [9] | Rajender Kumar [4]
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Analysis Study Research Paper, Mathematics, India, Volume 11 Issue 11, November 2022
Pages: 1117 - 1123A Deterministic Inventory Model for Non-Instantaneous Deteriorating Items with Allowed Backorders and Quadratic Time Varying Holding Cost
Teekam Chand Meena [2] | Anil Kumar Sharma [5]