Inventory Model with Demand as a Polynomial Function of Time and Time Dependent Deterioration
Journal: International Journal of Science and Research (IJSR) (Vol.10, No. 9)Publication Date: 2021-09-05
Authors : Shelly; Rajender Kumar;
Page : 871-874
Keywords : Inventory Model; Demand; Deterioration; Cost;
Abstract
In the present paper, an inventory model is generated for deteriorating items with shortages which are fully reserved. Demand rate is assumed as polynomial function of time and deterioration rate is dependent of time.
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