An inventory model for non-instantaneous deteriorating items with variable holding cost under two-storage

2019 ◽  
Vol 12 (6) ◽  
pp. 690
Author(s):  
Anupam Swami ◽  
Ajay Singh Yadav
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Holding Cost ◽  
Variable Holding Cost

INVENTORY MODEL OF DETERIORATING ITEMS FOR LINEAR HOLDING COST WITH TIME DEPENDENT DEMAND

2015 ◽  
Vol 4 (1) ◽  
pp. 29-36
Author(s):  
N Mishra ◽  
SP Mishra ◽  
Srichandan Mishra ◽  
J Panda ◽  
UK Misra
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Time Dependent ◽  
Holding Cost ◽  
Dependent Demand

scholarly journals Controllable deterioration rate for time-dependent demand and time-varying holding cost

2014 ◽  
Vol 24 (1) ◽  
pp. 87-98 ◽  
Author(s):  
Vinod Mishra
Keyword(s):  
Linear Function ◽  
Inventory Model ◽  
Deteriorating Items ◽  
Inventory Cost ◽  
Deterioration Rate ◽  
Preservation Technology ◽  
Demand Rate ◽  
Holding Cost ◽  
Total Inventory ◽  
Dependent Demand

In this paper, we develop an inventory model for non-instantaneous deteriorating items under the consideration of the facts: deterioration rate can be controlled by using the preservation technology (PT) during deteriorating period, and holding cost and demand rate both are linear function of time, which was treated as constant in most of the deteriorating inventory models. So in this paper, we developed a deterministic inventory model for non-instantaneous deteriorating items in which both demand rate and holding cost are a linear function of time, deterioration rate is constant, backlogging rate is variable and depend on the length of the next replenishment, shortages are allowed and partially backlogged. The model is solved analytically by minimizing the total cost of the inventory system. The model can be applied to optimizing the total inventory cost of non-instantaneous deteriorating items inventory for the business enterprises, where the preservation technology is used to control the deterioration rate, and demand & holding cost both are a linear function of time.

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