ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

An EOQ Model for Deteriorating Items with Price Dependent Demand, Varying Holding Cost and Shortages under Trade Credit

Journal: International Journal of Science and Research (IJSR) (Vol.4, No. 1)

Publication Date:

Authors : ; ;

Page : 1440-1446

Keywords : Deterioration; Price dependent demand rate; Shortages; Trade credit; holding cost;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

In this research article, we developed a deterministic inventory modelfor price dependent demand with time dependent deterioration, varying holding cost, shortages. Credit limit is available for certain time with no interest. But after that time some interest will be charged. Customer has some reserve capital to make payment at initially but to take more benefit he use credit limit. First we developed a mathematical model after that getting the optimal solution. Numerical example is also available with graphical representation.

Last modified: 2021-06-30 21:20:16