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Research Paper | Mathematics | India | Volume 6 Issue 10, October 2017
An Inventory Model with Price Dependent Demand Rate, Quadratic Holding Cost and Deteriorating Rate with Shortages
Dr. R. Babu Krishnaraj | D. Dhivya
Abstract: In this paper, a deterministic inventory model has been developed with a selling price dependent demand rate. A quadratic holding cost is being considered of time, in which shortages are allowed and is completely backlogged. The objective of this model is to minimize the total inventory cost. At the end of the paper, numerical examples are provided to illustrate the problem and sensitivity analysis the have been carried out to show the effect of variation in the parameters with the graphs.
Keywords: Inventory, demand, Selling Price, Deteriorating items, Holding Cost Optimum cost, Inflation
Edition: Volume 6 Issue 10, October 2017,
Pages: 832 - 837
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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
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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
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