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Malik, A. K.
- An Inventory Model for Both Variable Holding and Sales Revenue Cost
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Authors
Affiliations
1 Department of Mathematics, D.N. (PG) College, Meerut, U.P, IN
2 Department of Computer Science, GRD Institute of Management and Technology Engineering College, Dehradun, U.K, IN
3 Department of Mathematics, B K Birla Institute of Engineering and Technology, Pilani, Rajasthan, IN
1 Department of Mathematics, D.N. (PG) College, Meerut, U.P, IN
2 Department of Computer Science, GRD Institute of Management and Technology Engineering College, Dehradun, U.K, IN
3 Department of Mathematics, B K Birla Institute of Engineering and Technology, Pilani, Rajasthan, IN
Source
Asian Journal of Management, Vol 8, No 4 (2017), Pagination: 1111-1114Abstract
This paper discusses the inventory models for non-instantaneously deteriorating items with stock dependent demand. The holding cost is the increasing function of time and sales revenue cost is taken as decreasing linear function of time. This consideration has enhanced developing mathematical model for optimal order quantity and the total profits value with respect to major parameters is approved out with the facilitate of numerical example.Keywords
Inventory, Time Dependant Increasing Holding Cost, Time Dependant Decreasing Sales Revenue Cost, Stock-Dependent Demand.
References
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- Vashisth, V., Tomar, Ajay, Soni, R. and Malik, A. K. (2015). An Inventory Model for Maximum Life Time Products under the Price and Stock Dependent Demand Rate, International Journal of Computer Applications 132 (15), 32-36.
- Vashisth, V., Tomar, Ajay, Shekhar, C. and Malik, A. K. (2016) A Trade Credit Inventory Model with Multivariate Demand for Non-Instantaneous Decaying products, Indian Journal of Science and Technology, Vol. 9, No., 15, 1-6.
- Malik, A. K., Tomar, A. and Chakraborty D. (2016). Mathematical Modelling of an inventory model with linear decreasing holding cost and stock dependent demand rate, International Transactions in Mathematical Sciences and Computers, Vol. 9, 97-104.
- Kumar, S., Malik, A. K., Sharma, A., Yadav, S. K. and Singh, Y. (2016) An Inventory Model with linear holding cost and Stock-Dependent Demand for Non-Instantaneous Deteriorating Items, AIP Conference Proceedings 1715, 020058 (2016); doi: 10.1063/1.4942740.
- Malik, A. K., Shekhar, C., Vashisth, V., Chaudhary, A.K., and Singh, S. R. (2016) Sensitivity analysis of an inventory model with non-instantaneous and time-varying deteriorating Items, AIP Conference Proceedings 1715, 020059, doi: 10.1063/1.4942741.
- Malik, A. K. Malik, Singh, P. R., Tomar, A., Kumar, S. and Yadav, S. K. (2016) Analysis of an Inventory Model for Both Linearly Decreasing Demand and Holding Cost, AIP Conference Proceedings 1715, 020063; doi: 10.1063/1.4942745.