An Inventory Model with Time-Varying Demand and Comprehensive Cost

In this inventory model, we study the system for items with time varying demand. The deterioration of items is not considered here. The inventory level rate of change is given by the time and demand. Shortages are not allowed in this model. Holding cost, ordering cost are considered in this model. Our objective in this model is to evaluation of the total cost to maximize the objective of any industry. For validation of the model, the numerical example is also available which show the sensitivity of the cost with respect to variations in parameters.

• Publication year

  2024

• Venue

  International Journal For Multidisciplinary Research

• Publication date

  2024-04-30

• Fields of study

  Not labeled

• Identifiers
  DOI 10.36948/ijfmr.2024.v06i02.19276
• 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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