An Inventory Model for Deteriorating Items with Exponential Declining Demand and Time-Varying Holding Cost

• 作者: Bhanu Priya Dash Hadibandhu Pattnayak Trailokyanath Singh
• 来源期刊: 美国运筹学期刊(英文)
• 学科: 数学
• 关键词: Constant DETERIORATION EXPONENTIAL DECLINING DEMAND INVENTORY Time Dependent HOLDING Cost
• 年，卷（期）: 2014,（1）
• 页码范围: 1-7
• 页数: 7页
• 分类号: O1

摘要

In the present paper, a total optimal cost of an inventory model with exponential declining demand and constant deterioration is considered. The time-varying holding cost is a linear function of time. Shortages are not allowed. The items (like food grains, fashion apparels and electronic equipments) have fixed shelf-life which decreases with time during the end of the season. A numerical example is presented to demonstrate the model and the sensitivity analysis of various parameters is carried out.