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Mishra, S.P.
- An Inventory Model for Weibull Deteriorating Items with Price Dependent Demand Rate
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Authors
Affiliations
1 Dept. of Mathematics Swarnamayee Nagar, Govt. Science College, Berhampur-760001, Malkangiri. Odisha., IN
2 Dept. of MBA, Dept. of Commerce, Berhampur University, Berhampur, Odisha., IN
1 Dept. of Mathematics Swarnamayee Nagar, Govt. Science College, Berhampur-760001, Malkangiri. Odisha., IN
2 Dept. of MBA, Dept. of Commerce, Berhampur University, Berhampur, Odisha., IN
Source
Indian Journal of Mathematics Research, Vol 1, No 1 (2013), Pagination: 115-122Abstract
The objective of this model is to investigate the inventory system for perishable items with price dependent demand pattern where Weibull deterioration rate is considered. The Economic order quantity is determined for Maximizing the profit per unit time. The result is illustrated with numerical example.Keywords
Inventory System, Price Dependent Demand, Deterioration
References
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