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Effect of Inflation on Two Storage Inventory Model with Time Dependent Deteriorating Items and Stock Dependent Demand
oleh: Preeti Sharma, Sanjay Sharma, B. B. Singh, Anand Tyagi
Format: | Article |
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Diterbitkan: | Ram Arti Publishers 2020-06-01 |
Deskripsi
For deteriorating product, there always be a pressure on the company to maximize the profit. In the present model, an effort is made to develop a production inventory control model having two separate warehouses. In most of the study, the demand is assumed as time dependent which is not appropriate; but here authors have considered stock based demand. An approach is taken into consideration that deterioration rate different for different warehouses.