Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78592
Authors: 
Mishra, Vinod Kumar
Singh, Lal Sahab
Kumar, Rakesh
Year of Publication: 
2013
Citation: 
[Journal:] Journal of Industrial Engineering International [ISSN:] 2251-712X [Publisher:] SpringerOpen [Place:] Heidelberg [Volume:] 9 [Year:] 2013 [Pages:] 1-5
Abstract: 
In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model can be applied to optimize the total inventory cost for the business enterprises where both the holding cost and deterioration rate are time dependent.
Subjects: 
inventory model
deteriorating items
shortage
time-dependent demand
time-varying holding cost
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article

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