Indian Journal of Science and Technology

The PDF file you selected should load here if your Web browser has a PDF reader plug-in installed (for example, a recent version of Adobe Acrobat Reader).

If you would like more information about how to print, save, and work with PDFs, Highwire Press provides a helpful Frequently Asked Questions about PDFs.

Alternatively, you can download the PDF file directly to your computer, from where it can be opened using a PDF reader. To download the PDF, click the Download link above.

Fullscreen Fullscreen Off


The main purpose of this research is to establish replenishment models and develop optimal replenishment policies for perishable items taking account of time value of money. This paper follows the Discounted Cash Flow (DCF) approach to investigate inventory replenishment problem over a fixed planning horizon. We develop model, to establish optimal solutions with and without backlogging and Show that the total variable cost is minimize and convex by the help of software. Numerical examples are to demonstrate the applicability of the proposed models and sensitivity analysis with respect to the parameters of the system is carried out.

Keywords

Deteriorating, Inventory, Inflation, Time Discounting.
User