Indian Journal of Mathematics Research

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Deteriorating Items Production Inventory Model with Demand Dependent Production Rate and Varible Holding Cost


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1 Department of Statistics, Veer Narmad South Gujarat University Surat., India
     

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In this paper a production inventory model for deteriorating items with demand dependent production rate is developed. Holding cost is linear function of time. The model has been framed to study the items whose deterioration rate increase with time. Sensitivity with respect to parameters has been carried out. Numerical example is taken to support the model.

Keywords

Inventory, Deterioration, Production, Time Varying Holding Cost
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  • Deteriorating Items Production Inventory Model with Demand Dependent Production Rate and Varible Holding Cost

Abstract Views: 440  |  PDF Views: 4

Authors

Raman Patel
Department of Statistics, Veer Narmad South Gujarat University Surat., India
Shital S. Patel
Department of Statistics, Veer Narmad South Gujarat University Surat., India

Abstract


In this paper a production inventory model for deteriorating items with demand dependent production rate is developed. Holding cost is linear function of time. The model has been framed to study the items whose deterioration rate increase with time. Sensitivity with respect to parameters has been carried out. Numerical example is taken to support the model.

Keywords


Inventory, Deterioration, Production, Time Varying Holding Cost

References