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An Optimal Model for Deteriorating Items with Selling Price Demand and Time-Varying Holding Cost
| Content Provider | Semantic Scholar |
|---|---|
| Author | Krishnaraj, Babu |
| Copyright Year | 2016 |
| Abstract | Inventory models in which the demand rate depends on the inventory level are based on the common real-life observation that greater product availability tends to stimulate more sales. In this model we discussed a selling price dependent demand rate with a time varying holding cost and shortages are not allowed. The holding cost per unit of the item per unit time is assumed to be an increasing function of the time spent in storage. At the end of the paper, numerical examples are provided to illustrate the problem and sensitivity analyses have been carried out for showing the effect of variation in the parameters. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.iosrjournals.org/iosr-jm/papers/Vol12-issue3/Version-5/C1203051821.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
