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Non-Instantaneous Deterioration Inventory Model with Inflation and Stock-Dependent Demand

by Aditya Sharma, Kumar Karan Gupta, A K Malik
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 67 - Number 25
Year of Publication: 2013
Authors: Aditya Sharma, Kumar Karan Gupta, A K Malik
10.5120/11741-7274

Aditya Sharma, Kumar Karan Gupta, A K Malik . Non-Instantaneous Deterioration Inventory Model with Inflation and Stock-Dependent Demand. International Journal of Computer Applications. 67, 25 ( April 2013), 6-9. DOI=10.5120/11741-7274

@article{ 10.5120/11741-7274,
author = { Aditya Sharma, Kumar Karan Gupta, A K Malik },
title = { Non-Instantaneous Deterioration Inventory Model with Inflation and Stock-Dependent Demand },
journal = { International Journal of Computer Applications },
issue_date = { April 2013 },
volume = { 67 },
number = { 25 },
month = { April },
year = { 2013 },
issn = { 0975-8887 },
pages = { 6-9 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume67/number25/11741-7274/ },
doi = { 10.5120/11741-7274 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:26:24.074984+05:30
%A Aditya Sharma
%A Kumar Karan Gupta
%A A K Malik
%T Non-Instantaneous Deterioration Inventory Model with Inflation and Stock-Dependent Demand
%J International Journal of Computer Applications
%@ 0975-8887
%V 67
%N 25
%P 6-9
%D 2013
%I Foundation of Computer Science (FCS), NY, USA
Abstract

In this paper, an inventory model for an item is presented with inflation and stock dependent demand under non-instantaneous deterioration without allowing shortages. In real life conditions, freshness and quality ofsome products can be maintaining Here in this inventory model we assume that some products maintain originality for some time. The necessary and sufficient conditions are used to find the optimal solutions and the corresponding maximum profits for the different value sets of the given numerical data with sensitivity analyses and presented graphically.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Non-instantaneous deterioration Inflation Inventory purchasing cost Sales revenue cost Stock-dependent demand