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Research Paper | Mathematics | India | Volume 4 Issue 1, January 2015
An EOQ Model for Deteriorating Items with Price Dependent Demand, Varying Holding Cost and Shortages under Trade Credit
S. C. Sharma | Vivek Vijay [2]
Abstract: In this research article, we developed a deterministic inventory modelfor price dependent demand with time dependent deterioration, varying holding cost, shortages. Credit limit is available for certain time with no interest. But after that time some interest will be charged. Customer has some reserve capital to make payment at initially but to take more benefit he use credit limit. First we developed a mathematical model after that getting the optimal solution. Numerical example is also available with graphical representation.
Keywords: Deterioration, Price dependent demand rate, Shortages, Trade credit, holding cost
Edition: Volume 4 Issue 1, January 2015,
Pages: 1440 - 1446
Similar Articles with Keyword 'Deterioration'
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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]