An inventory model for deteriorating items with time-dependent demand and time-varying holding cost under partial backlogging

By Vinod Kumar Mishra, L. Singh, Rakesh Kumar. 2013

133 citations recorded by the source corpus.

In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model can be applied to optimize the total inventory cost for the business enterprises where both the holding cost and deterioration rate are time dependent.

Subfields: Management Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f3787de1c3f6cce4b5bd563ee40eafcac03c0c9e

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Management Information Systems

1. Sankar Kumar Roy
2. Magfura Pervin
3. Gerhard-Wilhelm Weber

In Strategy and Management

1. Sankar Kumar Roy
2. Magfura Pervin
3. Gerhard-Wilhelm Weber

Citations in the corpus

• A two-echelon inventory model with stock-dependent demand and variable holding cost for deteriorating items (2017, background): “[21], the holding cost as well as the demand function were considered as time-dependent.”