An Inventory Model for Inverse Chain Deteriorating Items with Price Dependent Demand Rate and Partial Backlogging

In this paper, we have developed a deterministic inventory model for deteriorating items which follows Inverse chain distribution function. Demand rate is taken as a function of selling price. Also, time varying holding cost is taken in to account. Shortages are allowed here and are partially backlogged. The model is illustrated with the help of numerical example and verified graphically. The sensitivity analysis is also carried out based on numerical example.

• Publication year

  2019

• Venue

  Journal of Computer and Mathematical Sciences

• Publication date

  2019-07-30

• Fields of study

  Mathematics, Business, Computer Science

• Identifiers
  DOI 10.29055/JCMS/1131
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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