IDEAS home Printed from https://ideas.repec.org/a/ids/ijmore/v12y2018i3p331-349.html
   My bibliography  Save this article

An order level inventory model for deteriorating stock product and time dependent demand under shortages

Author

Listed:
  • Deepa Khurana
  • Rekha Rani Chaudhary

Abstract

The objective of the present paper is to develop an inventory model for deteriorating products. In this paper the demand is a function of time and available stock level since the available stock level is an important tool to attract the customers. The shortages are allowed and partially backlogged. Depending on the rate of backlogging two different cases are developed. In the first case, the rate of backlogging is constant and in another case the backlogging rate is time dependent. Numerical example is given to illustrate the model and its significant feature. Sensitivity analysis is also carried out to study the effect of different parameters on total average cost.

Suggested Citation

  • Deepa Khurana & Rekha Rani Chaudhary, 2018. "An order level inventory model for deteriorating stock product and time dependent demand under shortages," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 12(3), pages 331-349.
    • Handle: RePEc:ids:ijmore:v:12:y:2018:i:3:p:331-349
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=90801
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmore:v:12:y:2018:i:3:p:331-349. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=320 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.