INTERNATIONAL RESEARCH JOURNAL OF SCIENCE ENGINEERING AND TECHNOLOGY

( Online- ISSN 2454 -3195 ) New DOI : 10.32804/RJSET

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A DETERMINISTIC INVENTORY MODEL HAVING PRICE DEPENDENT DEMAND WITH VARIABLE DETERIORATION AND HOLDING COST

    2 Author(s):  SHELLY, DR. RAJENDER KUMAR

Vol -  13, Issue- 4 ,         Page(s) : 96 - 102  (2023 ) DOI : https://doi.org/10.32804/RJSET

Abstract

The Current Work is done by taking Demand as Price Dependent in Both Cases whereas Demand is linear in one and Logarithm function in other. Deterioration Rate is considered as linear in one case and Weibull Distributed in other. Holding Cost is considered as General in one case and constant in other. Shortages are allowed with Fully Backlogging in both of the cases.

[1] Kumar,V., Pathak,G. and Gupta,C.B., A Deterministic Inventory Model for Deteriorating Items with Selling Price Dependent Demand and Parabolic Time Varying Holding Cost under Trade Credit, International Journal of Soft Computing and Engineering(IJSCE), Volume 3, Issue 4, September 2013, 33-37. 
[2] Maragatham,M. and Palani,R., An Inventory Model for Deteriorating Items with Lead Time Price Dependent Demand and Shortages, Advances in Computational Sciences and Technology, Volume 10, Number 6, 2017, 1839-1847. 

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