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PRODUCTION MODEL WITH SELLING PRICE DEPENDENT DEMAND AND PARTIAL BACKLOGGING UNDER INFLATION

Publish place: International Journal of Mathematical Modelling and Computations، Vol: 1، Issue: 1
Publish Year: 1390
نوع سند: مقاله ژورنالی
زبان: Persian
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لینک ثابت به این Paper:
https://civilica.com/doc/1607576

شناسه ملی سند علمی:

JR_IJMAC-1-1_001

تاریخ نمایه سازی: 2 اسفند 1401

Abstract:

We developed an inventory model for decaying items with selling price dependent demand in inflationary environment. Deterioration rate is taken as two parameter Weibull distribution. Shortages in inventory are allowed with partial backlogging. Backlogging rate is taken as exponential decreasing function of time. Profit maximization technique is used in this study.

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