International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Analysis Study Research Paper | Mathematics | India | Volume 11 Issue 11, November 2022 | Popularity: 4.1 / 10


     

A Deterministic Inventory Model for Non-Instantaneous Deteriorating Items with Allowed Backorders and Quadratic Time Varying Holding Cost

Teekam Chand Meena, Anil Kumar Sharma


Abstract: In this manuscript, an inventory model has been formulated in which shortages are allowed and fully backlogged. Deterioration rate is constant and demand is a function of selling price. Holding cost is a quadratic function of time. Here we have to derive optimum cycle time so as to minimize the total cost. To illustrate the model, numerical examples are used.


Keywords: Deterioration, selling price dependent demand, backlogging


Edition: Volume 11 Issue 11, November 2022


Pages: 1117 - 1123



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Teekam Chand Meena, Anil Kumar Sharma, "A Deterministic Inventory Model for Non-Instantaneous Deteriorating Items with Allowed Backorders and Quadratic Time Varying Holding Cost", International Journal of Science and Research (IJSR), Volume 11 Issue 11, November 2022, pp. 1117-1123, https://www.ijsr.net/getabstract.php?paperid=SR221119133725



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