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An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment
International Journal of Computer Applications
© 2014 by IJCA Journal
Volume 96 - Number 25
Year of Publication: 2014
|
10.5120/16949-6917 |
Yashveer Singh, A K Malik and Satish Kumar. Article: An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment. International Journal of Computer Applications 96(25):14-18, June 2014. Full text available. BibTeX
@article{key:article,
author = {Yashveer Singh and A K Malik and Satish Kumar},
title = {Article: An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment},
journal = {International Journal of Computer Applications},
year = {2014},
volume = {96},
number = {25},
pages = {14-18},
month = {June},
note = {Full text available}
}
Abstract
This paper deals with an inflation induced stock dependent demand inventory model with permissible delay in payments. In real life situations, some products maintain freshness and quality for some time. This inventory model is developed for non-instantaneous deteriorating items. The purpose of this paper is to obtain the optimal policies for maximizing the total profits. Numerical examples are provided to demonstrate the developed model and also to provide the solution algorithm.
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