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
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.