NDLI: An inventory model for deteriorating items with stock-dependent demand, time-varying holding cost and shortages

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An inventory model for deteriorating items with stock-dependent demand, time-varying holding cost and shortages

Content Provider	Springer Nature Link
Author	Dutta Choudhury, Karabi Karmakar, Biplab Das, Mantu Datta, Tapan Kumar
Copyright Year	2013
Abstract	In this article, an inventory model for deteriorating items with two components demand and time-varying holding cost has been developed. Demand is assumed to be stock-dependent up to the level of available stock. After which the demand is considered as constant i.e. during stock-out period. Shortages are allowed and are fully backlogged. Profits are maximized in both the infinite and finite time horizon cases. Some special cases are also derived from the main models. Two numerical examples are provided for both finite and infinite time horizon. Sensitivity analysis performed has shown successful effects of various model parameters on net profit.
Starting Page	55
Ending Page	74
Page Count	20
File Format	PDF
ISSN	00303887
Journal	OPSEARCH
Volume Number	52
Issue Number	1
e-ISSN	09750320
Language	English
Publisher	Springer India
Publisher Date	2013-12-03
Publisher Place	India
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Inventory Cost benefit analysis Demand Deterioration EOQ model Holding cost Shortage Operations Research/Decision Theory Management/Business for Professionals Mathematics
Content Type	Text
Resource Type	Article
Subject	Management Science and Operations Research Management Information Systems Information Systems Computer Science Applications

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