AN INVENTORY MODEL FOR DETERIORATING ITEMS WITH STOCK-DEPENDENT DEMAND RATE

Citation
Bc. Giri et al., AN INVENTORY MODEL FOR DETERIORATING ITEMS WITH STOCK-DEPENDENT DEMAND RATE, European journal of operational research, 95(3), 1996, pp. 604-610
Citations number
7
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
ISSN journal
03772217
Volume
95
Issue
3
Year of publication
1996
Pages
604 - 610
Database
ISI
SICI code
0377-2217(1996)95:3<604:AIMFDI>2.0.ZU;2-8
Abstract
This paper discusses an inventory model with an inventory-level-depend ent demand rate followed by a constant demand rate for items deteriora ting at a constant rate theta, where the terminal condition of zero in ventory at the end of the scheduling period has been relaxed. Sensitiv ity of the decision variables to changes in the parameter values is ex amined and the effects of these changes on the optimal policy are disc ussed in brief.